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


To: bearshark who wrote (18210)5/8/1998 3:17:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
At a time bearshark, and/or boni bear and/or bobby beara go bullish even for several days I rush downstairs and buy some tulips. <ggg>

Today, after such a great call,and such easy money, I insisted on TULIPS with the BULBS <gggg>

The market acts quite strange, dollar is weakening and the Treasury Bond is stuck with down bias for no obvious reason. (down 11 ticks)

Just by keeping in mind that over $100 billion will be deducted from the treasury pool this quarter (budget surplus) makes me wonder if those factors are not already priced into the markets. Not to mention the normal inflow.

If the market closes below yesterday open - well smell the tulips.<ggg>

Closed long positions before noon today,all in cash.

As to index option an observation -

OEXEH high was 4 1/8 and now 2 3/4
OEXEG high was 7 1/8 and now 5

Premium evaporating by the minute

BWDIK

Haim



To: bearshark who wrote (18210)5/8/1998 3:24:00 PM
From: bobby beara  Read Replies (3) | Respond to of 94695
 
Wave 2 correction.

: - )

Take Haim's advice and head for the hills.

but harvest some tulips first.

bought stel for 3 cents this morning, now 6 cents.

tulips is good -g-