Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: eddie r gammon who wrote (17664)	4/30/1998 9:19:00 AM
From: bearshark	Respond to of 94695

I was prepared to buy puts after this rally. However, the rally came sooner than I expected. I guess we will just have to see what the bulls have left.

To: eddie r gammon who wrote (17664)	4/30/1998 9:23:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Eddie; Does look like a strong open..might have to give up my short position..but won't do it before noon..won't do me much good to do it till then as I have to take the BEARX close.. I want to hold till tomorrow though, and will if the Mega Caps don't take out 384. I don't see two up days as enough to change the bigger picture we are still down a lot from the 20th, and that interest rate is still over 6%..this kick may well be followed by another run down the slope. Sort of touch and go at this time but so far the under currents say we got more down side. Jim