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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: ivan solotaroff who wrote (17566)	5/26/1998 11:19:00 AM
From: Doug R	Read Replies (4) \| Respond to of 79352

Ivan, I like the cats not for a possible 40% gain but for the high probability 15 to 20% with well defined downside. With the possibility of a correction getting closer, it's easier for me to go long on the cats on a signal day than it is to go long on say, a HD. Since there's no way to know exactly how any correction might present itself (a one day plunge or a 2 month slow meltdown, etc) a PGDCEB, to me, offers more certainty when the market is under pressure. If I have to sit in a PGDCEB and wait for a sunny day in the market that I know will eventually occur, that's ok with me. Doug R