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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 (10955)12/5/1997 4:25:00 PM
From: Barbara Barry  Read Replies (2) | Respond to of 94695
 
Bill,
Yes I am not pleased with my puts.:( But remember I never take a very big position. I just threw out Tues. because it would still give me time to perhaps recoup my losses. And some people are waiting for the Japanese news on Wed.As I said, if something really crazy happens,like the dow at 8300-8400 on Mon. I MIGHT be tempted to buy a few more puts. For now I am just watching in astonishment!This market will probably keep going up until the fund managers can lock in their bonuses and run for cover when some more earnings warnings come in or some other factor that might settle this market down.
Can't wait for you views for next week!I hope they will support my "bet"! <GGG>
Regards,
Barbara