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

To: Elllk who wrote (9081)	11/3/1997 11:19:00 PM
From: Berney	Read Replies (1) \| Respond to of 94695

Larry, The amazing thing is that I've made quite a few dollars with GE calls but not a dime with GE puts. Another interesting aside, during 1996 GE moved in the direction of the market 90% of the time on and a weekly basis, and 70% of the time moved greater than the market in whatever direction. I have portfolios that only move in the market direction 80% of the time. So, having back-tested 10 years, when my indicator reflects that the market is going up (about three times a year), I just buy GE calls - IMO they're usually reasonably priced. Couldn't do it last week though (chicken). Enjoy! Berney