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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: kahunabear who wrote (7169)10/24/1997 3:12:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 94695
 
potholes ahead in the road of life. I'm glad I stuck mostly to the mutual-fund stuff (RYURX and BEARX) and cash and stayed out of the puts game. Derivatives are holding the S&P up but when they unwind their positions it will get ugly. Would be better for all if they could just continue to rotate sectors and let it down slowly.



To: kahunabear who wrote (7169)10/24/1997 3:50:00 PM
From: Tommaso  Read Replies (1) | Respond to of 94695
 
It is not too late! This market has thousands of points to go on the downside. Just buy BEARX and sit on it even if you are losing money for a while. Or short SPY. But don't get in and out.



To: kahunabear who wrote (7169)10/24/1997 7:38:00 PM
From: Mike M2  Respond to of 94695
 
WS went long and suffered that is why you are called whipsaw. Yes this thread has some smart bears. Mike



To: kahunabear who wrote (7169)10/27/1997 7:15:00 PM
From: Joseph G.  Respond to of 94695
 
Hey man, looks like we did call the top - eh?

Joe