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: William H Huebl who wrote (17978)	5/5/1998 9:36:00 PM
From: Byram	Read Replies (2) \| Respond to of 94695

Barbara, I for one (not that it matters) Respect you cool, calm judgements I happened to agree with your weekend ideas though I do not remember any data you might have presented to support....my data pointed to the same.......as a result I held calls over the weekend (BIG NO-NO) and did fairly well (ñ33%)...... Keep posting please....... Thanx Byram

To: William H Huebl who wrote (17978)	5/6/1998 12:54:00 AM
From: Greg Jung	Read Replies (1) \| Respond to of 94695

Bill when a forecast leaves you dizzy, as yours does, not knowing up from down, then its likely the market will be flat. However, Japan may be tanking (as well as Malaysia, etc.) and I doubt Cisco will have lifted spirits much. Tech sector down, (minor) Ktel up, AOL pulls back, FDX -2. Large Biotechs up again. Just my guess. I've found that the things one might figure to be portentious are greatly ignored in the market until the market wants to move. Right now I think it wants to rest. Greg

To: William H Huebl who wrote (17978)	5/6/1998 12:56:00 AM
From: Richard J. Byrd	Read Replies (1) \| Respond to of 94695

Bill & Jim Hopkins: < When you are an options trader, you MUST be nimble and psyche out the markets. > Also, remember the best rule of all in options trading - Don't lose any premium. How do you insure that? - Never hold losing positions overnight. Trade basically on a daily basis and vacate most positions before the mkt closes. I only hold overnite positions when the trade is profitable and the market is moving in my direction at the end of the day. I'd much rather take my one or two point gain in the position and sleep well knowing my powder is dry for the next day. Holding a losing position overnight hoping the mkt will change direction is the best way I know to go broke. Dick