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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 (14373)2/24/1998 7:51:00 PM
From: P.Prazeres  Read Replies (2) | Respond to of 94695
 
and on the NYSE volume was pretty low on this "down" day....it was much higher on the way up....this is probably just a shake out of the weak.

Paulo



To: William H Huebl who wrote (14373)2/24/1998 8:35:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Bill; I'm still in a positive mood towards the market, but not
for the rest of this week, it could go up..or down..it may take
a day before what GreenSpam said causes a reaction, then that will
be short, His talk is not what I focus on, ( it can be taken any
way a person whats ) he always hedges every thing he says, and
skirts any serious questions he's not ready for.
It's just a big side show..most people hear what they want and are
focused on, or what the news pundits think needs to be focused
on..I hear the double talk..I saw what he skirted..pissonwhat
he said. None of it adds up, he's a well trained member of the most exculsive gang of thieves to ever get together. He is their
spokesman, and if he goes they have another ready to step into
his shoes. The FED since its start has been a growing milignent buracracy whose purpose is to protect the rich.
I don't even like talking about them or him.
---------------------
Last Friday some money flowed out
of Mutual Funds into Money Markets..yesterday too..now the funds
don't have to sell yet to handel the outflow..but it's put a
damper on the buying. The market can only go up if there are
Buyers..but it can fall under it's own weight.
-----------------
I'm on the sidelines till Friday then I'll size it up again.
Interest rates went up, I want to see them come back down,
Dollar took a good hit, I want to see it recover.
-------------------------
And you have turned bullish, & that realy worries me. <G>
Jim



To: William H Huebl who wrote (14373)2/24/1998 8:35:00 PM
From: Barbara Barry  Read Replies (1) | Respond to of 94695
 
Bill,
Those are my thoughts....so I hope you weren't buying those puts today!!!I am actually thinking about calls this week and then puts for a straddle.But that I cannot commit to...I just have to see what unfolds a day at a time.Remember, I said in the past that I hate being a call girl!:))For the moment, the best straddle might be on a fence somewhere and not in the market!BWDIK??
Regards,
Barbara