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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 (11738)	12/16/1997 4:17:00 PM
From: epicure	Read Replies (1) \| Respond to of 94695

Thank you for the new terminology. I will add it to my stock lingo lexicon.

To: William H Huebl who wrote (11738)	12/16/1997 5:42:00 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 94695

Hi, Bill, it seems that the market moved as predicted (well I had done plenty of praying lately) The stocks on my written puts are above theh strike/exercise price, hope they will not dip below that by Friday. As an insurance I wrote some calls today, as I expect the market to be flat to mildly down into expiration. In any case I also took some insurance for 1/4 point and bought out of the money calls just in case the market will go GAGA which I do not expect. SPX 950 is quite critical if violated we have an H&S, within a A BIG H&S. As soon as sentiment gets more bullish I will buy puts or short some stocks. I expect it to happen by next week ?? BWDIK. Haim Now I must run and go do more praying <ggg>