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

To: Barbara Barry who wrote (16467)4/15/1998 8:32:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 94695
 
Barbara, I bought Usra around 9000 expecting a severe correction, but current market action suggest that's a mistake. People are dancing in the street because Compact made a penny. Where is sensibility? I may sell my Ursa today, but I wouldn't go anywhere long the general market (Nova). Maybe keep that money in cash, earn a solid 5+% and wait for a crash to pick up babies thrown out with the bath water as people sell to cover margin calls. When the whale's heart stops, then buy my Usra back. Too conservative?



To: Barbara Barry who wrote (16467)4/15/1998 12:45:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
BB,

I normally go with the trend... until the emperor has no clothes. And the way I see him, he's nekid as a jaybird!

BTW, new indicator DOES give signals both on the call AND put side. We are on a close-the-calls and wait-for-a-put signal situation.

Bill


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