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

To: ratan lal who wrote (19386)	5/28/1998 4:04:00 PM
From: Oeconomicus	Respond to of 94695

Yes. My SPX puts and some other stuff. I'm not very nimble, so my horizon is days/weeks, not hours. I will hold as nothing today changes my market view (plus, I'm stubborn). Would've liked to see a weaker close, but after a 150 point whipsaw yesterday, I'll take a dull day. BTW, gotta like the renewed weakness in 'net stock leader YHOO. It has now given back almost all of yesterday's late short squeeze, ending down 5 1/8. I guess we bought ourselves some breathing room with the trin watchers. It's looking like about 5.88, making tomorrow's magic number 1.29 I think. Bob