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


To: bobby beara who wrote (22658)7/29/1998 4:28:00 PM
From: Terry Whitman  Read Replies (1) | Respond to of 94695
 
Hey Bobby- Did you do that YHOO short? Would have been a profitable day for it. I was waiting today for the rally that never came to supper. Oh well, there's always tomorrow.

On a lighter note- new lows decreased today on NYSE and NAZ. May be close to a near term bottom here.

BTW- We were right about MO- she's gone up in the face of all this. Sold my long position though. Don't think she will diverge from the market much longer. Probably will though.

TW



To: bobby beara who wrote (22658)7/29/1998 4:31:00 PM
From: Barbara Barry  Read Replies (1) | Respond to of 94695
 
bb,
I hope we're right!???I gave back lots of profits on one of my stocks this week so a nice quick rally would suit me just fine.I am considering some way otm puts later this week.But now that EVERYONE seems to be calling for a big correction we might be jinxed for this expiry.This suspense is wearing me out!:)
You have been making some pretty good calls (no pun intended) lately on the markets!
Regards,
Barbara