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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (15973)	4/9/1998 7:16:00 PM
From: Byram	Read Replies (1) \| Respond to of 94695

Lisa sorry to hear.. I guess I should be thankful my sister works for a broker - though she's long term growth & I'm more hectic....short term (she thinks I'm crazy) although I do win some.. But - stick with me..I didn't even try to sell...I am going to ride this out..the weekend will kill me ....but maybe David's first theory was right.......and Monday will be a blowout...(You know I'll be in church on Easter) Have a good weekend, Byram

To: ViperChick Secret Agent 006.9 who wrote (15973)	4/9/1998 7:38:00 PM
From: Thomas Dakes	Read Replies (1) \| Respond to of 94695

Lisa, You must be using AMERITRADE, they are a joke. Thomas

To: ViperChick Secret Agent 006.9 who wrote (15973)	4/9/1998 8:12:00 PM
From: Barbara Barry	Read Replies (2) \| Respond to of 94695

Lisa, Sorry to hear that.I almost bought those 530 puts today after 3:00,but decided not to fight the trend no matter how insane this market is.Don't let it ruin your weekend.IF it was me,I would still rather have puts than calls over the weekend.IF I had bought today I would hope to get out by tues or wed.You might be ok with some volatility,but I personally not look for anything big next week.Let's see what unfolds for May expiry.Watch the trend and all the indicators you can...a/d,new highs,several indexes etc.to see if/when the tone changes..FWIW Good luck Barbara

To: ViperChick Secret Agent 006.9 who wrote (15973)	4/9/1998 8:30:00 PM
From: Bull RidaH	Read Replies (3) \| Respond to of 94695

Hi Lisa, I could have been quicker with the "traders alert" posting this afternoon, but I had a concern that as soon as I posted the possible alternative scenario, the market would turn up hard due to the number of traders following this thread, and prevent anyone from getting out with a profit. So I decided to wait until the market had momemtum going in the B wave down, then do it. When I posted the alternate scenario at 3:42pm eastern the market was selling off nicely, and all short positions entered after 12pm eastern were profitable. Within 10 minutes of the posting, the market rallied nearly 4 points in a straight up fashion. Now I'm not gonna flatter the Kahuna thread by saying there was a direct correlation, but when that harsh rally began at 3:43pm and pinned the S&P fut. back above 1119 for nearly the rest of the day, without letting the progression of down waves that had begun finish, I begin to wonder if my concern was not based in a small degree of reality. Maybe someone else can give another rational explanation, I dunno. Whatever the case Lisa, any shorts entered in the last couple days will be golden by midweek, so don't let the Easter Bunny go hungry over the weekend... K? :o) Regards, David P.S. I plan to make arrangements over the weekend that will allow me to be quicker on S-T updates next week.