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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 (12806)	1/8/1998 8:28:00 PM
From: Barbara Barry	Read Replies (2) \| Respond to of 94695

Bill, I am hiding!!!!Right after I re-entered calls I saw everything on the charts head South.Still indicates downward pressure...unless some Psych stuff make this market move up. I am embarassed to say I still have calls...but will close tommorrow. For the near term it looks bleak...but no BK.<IMHO> two ideas: 1...Market tests 7000 Fri or Mon.. 2...Market rallies tomorrow and I only lose 30% ;( I think my chance to buy puts will not occur for a week or two. Would I be crazy to think of trying calls again,even though I am bearish?? Since things are teetering at important support levels, I am not committing either way. My gut says lower,then a succer rally,maybe by Wed...then buy puts with at least one hand if not both. BWDIK..I usually am right,but in the wrong week!!:) Any thoughts?Am I the only one confused? You did perfect at calling the volatilitiy! Regards, Barbara