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

To: Oeconomicus who wrote (17434)4/27/1998 5:08:00 PM
From: robnhood  Respond to of 94695
 
R.D.B.,

I agree with you. Most potential sellers are sitting on their hands , probably since it has worked so well in the past. The dipsters are not quite as confident as they were not too long ago. The only buying I saw looked more like short covering than anything else, as James was saying. If there was any fear it was not very evident, IMHO...

russell



To: Oeconomicus who wrote (17434)4/27/1998 7:46:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
That is the reason that I will close my positions tomorrow!! As per today close I am in the money.

As I wrote puts on stocks,early this PM with NASDAQ down 63, the premium is evaporating quite fast. I collected close to 5% of the stock value in premium.

The market is very volatile and a very strong reflex rally is also possible.

BWDIK

Haim


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