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

To: William H Huebl who wrote (10345)	11/24/1997 9:40:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 94695

Dec Nikkei 225 futures fall by daily limit low - Monday November 24, 8:26 pm Eastern Time TOKYO, Nov 25 (Reuters) - Nikkei 225 December futures fell by their daily limit in mid-morning Tuesday trade, shortly after the cash index slumped below the 16,000 threshold, following news over the long weekend that Yamaichi Securities Co Ltd (8602.T) had decided to go out of business. December futures traded on the Osaka Securities Exchange fell 1,000 points before recovering slightly to stand at 15,850, down 990 as of 0112 GMT. The Nikkei 225 average was down 814.19 points or 4.87 percent at 15,907.39. Bill it gets to crowded again Haim

To: William H Huebl who wrote (10345)	11/24/1997 9:41:00 PM
From: Barbara Barry	Read Replies (1) \| Respond to of 94695

Bill, Like you I can buy puts or calls. Friday I bought puts. But check out your post #10185...you said things are not so bad. You started this thread and for that I (we) are grateful. But now of all times for you to be bullish really suprises me. Most stocks have not recovered and the world situation is worsening.Insiders selling like crazy.Tonight I am more convinced than ever to buy Dec. and/or Jan puts with both hands any time the opportunity presents itself. I am risking alot and take this very seriously. Even Monday I could understand your rationale, but now ??? Maybe buy the dips will work again soon, but ther are issues out there that sooner or later will have an impact and must be dealt with. So for now I am buying puts. Maybe a call if the market tanks really quickly...but even if I just play puts on the upswings and forget the calls this monthe, I can make a buck. At least I can sleep better holding a put for Dec. with the markets as they are. As wise as you are, I am surprised you haven't put more weight on the "noise". Still a loyal fan. Thanks for all your input. Barbara