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

To: Berney who wrote (9092)	11/4/1997 8:35:00 PM
From: Elllk	Read Replies (1) \| Respond to of 94695

Berney Its understandable since the past 10 years have been up but if the market turns then the same principles apply inversely in a bear market. Caveat, of course, is "if" but if it does then GE puts will serve you the same way calls have. "if" it becomes a bear market your seem to have a winning inverse approach available. In a bull market the puts are harder to play but pay off fast if you time them right but in the bull market we have had your approach, I think, has been the right one. Just be ready to flip "if" it turns. Larry