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


To: Bonnie Bear who wrote (21923)7/20/1998 6:54:00 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Bonnie,

I am sure MANY of the stocks on the options I trade are owned by them. The problem is that BA is in a downtrend... at least for now. Although the CFO of BA is retiring (that is FA stuff???) I suspect it will take a while to get BA back on track. As I understand it, BA needs some new blood in other top management jobs. Now these things are merely offered as rebuttals to the VW ownership and were not the reason for my purchase of BA puts. The two reasons: BA is in a downtrend and the market seems toppy per VGY.

My timing, however, was terrible.

Bill