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


To: Barbara Barry who wrote (17688)4/30/1998 6:40:00 PM
From: Haim R. Branisteanu  Respond to of 94695
 
Barbara, are you not happy to be in cash today instead on the wrong side?? <ggg>

Unfortunately I entered long this market only to witness my stock tank just after the open. So far for being right on the market move <ggg>.

The stock recovered toward the days end (short covering I think).

As I try always to be hedged I was able to cover some calls I wrote at a premium and have a paper profit on the puts I wrote yesterday. The stock oh well is below the buying price, not by a lot I would admit, but I closed myself in a box and wait for tomorrow.

BWDIK

Haim



To: Barbara Barry who wrote (17688)4/30/1998 9:29:00 PM
From: William H Huebl  Respond to of 94695
 
BB,

I suspect it was only the intra day traders who cleaned up. See my other post... the market is bullish now and calls would be the right side... maybe to 9,600 or more???

Bill