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

To: Byram who wrote (17523)4/28/1998 1:17:00 PM
From: SE  Read Replies (1) | Respond to of 94695
 
Byram,

You playing the DJX puts like I am? I think you are from your posts. I am in the May 91 puts. Original basis 1 3/16. Sold half yesterday at 2 3/4 and bought back today at 2 5/16 (screw job by broker, but that is another story....should have been 2 3/16).

-Scott



To: Byram who wrote (17523)4/28/1998 5:05:00 PM
From: Bull RidaH  Read Replies (1) | Respond to of 94695
 
Byram, When the market confirms to us that it has begun wave 3 down (roughly 60 more Dow points on the downside), then the power contained therein could be described in terms of weather... Does a Category 5 Hurricane mean anything to you? :o)

I'll be looking for the Dow to be blown right down to the 7991 target. Sure hope you've battened down the hatches, and have your anchor (or harpoons, if you like whale meat) firmly planted.

Regards,

David


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