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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 (13256)1/17/1998 6:33:00 AM
From: GROUND ZERO™  Read Replies (3) | Respond to of 94695
 
Hi Bill,

True. I do have the original position, but I covered Monday on the big lower opening since we reached the AP objective, then resold the close. Otherwise, yes.

I don't mind waiting and taking some heat for the bigger move on a position trade. I could also be wrong and take a loss every now and then, but it won't be too big, hopefully. Meanwhile, I'm right until I'm wrong. And, I see no reason to buy here.

BTW, I'm getting ready to reverse positions and short the 30 year bonds. Not quite yet, but getting close.

Have a great weekend.

GZ