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

To: Barbara Barry who wrote (15980)	4/9/1998 8:25:00 PM
From: Stitch	Read Replies (2) \| Respond to of 94695

Barbara, Help me here a bit. I went into the weekend with puts. On purpose. Believing the big play would be Monday anyway. What is the disadvantage of holding a position over the weekend? And why is the gist of discussion to get into and out of a position all that quickly. Do I understand correctly that I have several days before expiry on April puts? Am I not betting that the strike will improve between now and expiry? Ernest questions from a neophyte (who is having a very good time with all this and whose exposure properly reflects his status) <G> Best, Stitch