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

To: robert b furman who wrote (17038)	4/22/1998 1:46:00 AM
From: epicure	Respond to of 94695

Well I bought calls on ESV and NBR- these two looked really good using my charts which are a combination of stochastics, macd, rsi, dma's and a few other things. Then I bought 1/00 leaps on dal. I will add amr post split. I don't like to buy puts before a split- but that is just me (calls yes, puts no). I am sure there are a zillion other ways you could play this- 1/oo leaps on SLB for instance, might be a good idea. I am thinking of doing that, of something similiar. I think I prefer oil to gold because I actually understand what oil is used for. I will probably trade the peaks and valleys, but will maintain this sort of pairing as long as I think airlines are overvalued and oils are undervalued- which could be quite some time.