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

To: Berney who wrote (9029)	11/3/1997 2:58:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 94695

Berney if the Bears are so quite is it not the time to sell?? I, at least, closed my open puts positions which puts, I wrote last week and slighly before. (I hope you will not ask if I made a profit ;-) BTW the DJIA has no real importance to the market exept for the Empty Talking Heads of CNBC and other TV broadcasters. SPX and OEX have much more weight to the market direction. Happy trading Haim

To: Berney who wrote (9029)	11/3/1997 3:27:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 94695

Berney It was all coming and I think to be short for the heck of it is not the name of the game- no one was more short than me on Monday full 17 S&P contracts bought them at 19 soon after the first circuit breaker at 350 down next day I was out during the carnage but to remain short is a vital error- I will come back to short but with lightening- you cannot short this market because you have your own vision. I am very vocal because I wanted my friends to coverd - this time I will construct a defensive positions as I go forward. Shorts have no chance this time around squeeze at 947 is really painful.