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

To: Bull RidaH who wrote (15983)	4/9/1998 8:55:00 PM
From: tide	Read Replies (1) \| Respond to of 94695

Options info? Have been eavesdropping here a bit & sure would like to learn a bit about playing options. Can anyone point me to a good/prob internet site to gain some knowledge on this. Sure wouldn't get into this without fair bit of savvy as obviously can be extremely risky, while potential exists for great/quick profits. David appears to have things very well figured out & anyone in stocks/options should realize sure things can't be expected to materialize all the time. A very interesting thread! Hope someday I might make some tiny contribution. tide

To: Bull RidaH who wrote (15983)	4/10/1998 10:04:00 AM
From: eddie r gammon	Respond to of 94695

Thanks David for all your work. Win, lose or draw it is a blast to follow the thread now. I had gotten kind of dead (g) erg

To: Bull RidaH who wrote (15983)	4/10/1998 1:12:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 94695

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. I think this is coincidence david... The S&P futures pit is a madhouse...... buy/sell programs can cause havoc... it can turn on a dime....a la last Monday...remember how sharply it turned starting right before the close