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


To: Barbara Barry who wrote (18306)5/11/1998 1:01:00 PM
From: donald sew  Respond to of 94695
 
Barbera,

>>>> I will be in June puts soon.Of course I would prefer to get them next week. :)I am not saying a crash,just that I see some weaknesses too.And I would not be surprised to see another rally attempt before June expiry. I had posted before I was looking for the dow to hit 9300 and the oex 547 for puts. <<<<<

I will also be loading up on PUTS if we get back close to the highs, so I still feel the next few days could be up also, but not by much.

Plus, if you get the puts this week or next you will still have plenty of time left with June PUTs.

Again, I am not yet calling for the huge pullback, but it could be bigger than the last one.

Seeya