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

To: bobby beara who wrote (22855)	7/31/1998 2:34:00 PM
From: Thomas C (Hijacked)	Read Replies (2) \| Respond to of 94695

I just thought of an alternative way to profit from the BK, assuming we get one. Instead of buying puts now anticipating the BK, why not wait for it to unfold from the comfort of your easy chair and then when we hit bottom just buy some big call positions because certainly there will big an extended recovery rally of significant percentage. The reason for considering this strategy is the chance that during the BK things will be so chaotic it may be hard to place your trades.. tc