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

To: Monty Lenard who wrote (22477)	7/28/1998 12:57:00 AM
From: James F. Hopkins	Respond to of 94695

Monty ; That's the way a lot of the big money plays it , if it's moving they may "leg in" but they get positions on both sides via derivatives , and what they need is volatility either way. Currency markets are prime time with them. They don't care if they lose one side of the position as long as it moves enough that the other side makes more than a double. The way they lose big is if it goes flat, other than that they make the spread, the more volatile the more they make. Jim