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: James F. Hopkins who wrote (19305)	5/28/1998 10:12:00 AM
From: Barbara Barry	Read Replies (1) \| Respond to of 94695

Jim, I am not trying to weight the information from the broker,just passing it on.That broker thinks this market has been overvalued for a very long time and has been waiting for a correction since about March.It appears that people still have a blind faith in the market.I agree with your assessment of the market...it just hasn't cooperated yet.<G> Nobody would like to win with puts more than I,but I haven't seen any great opportunites yet.I guess I am a chicken not a bull or a bear right now when it comes to options.The dipsters still are making it rough.My gut says your correction is imminent but is that June or July?Worse yet,will this be a sort of stealth correction that will cause premiums to erode?As I have said before,every year something makes me say "I have never seen this before",and that's what I am doing now.;) Keep up the great input. Regards, Barbara