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

To: Thomas C (Hijacked) who wrote (22858)7/31/1998 3:06:00 PM
From: Daniel Ray  Respond to of 94695
 
<<then when we hit bottom just buy some big call positions because certainly there will big an extended recovery rally of significant percentage>>

all I can say is be quick . . .

and if you can't be quick you had better be really lucky . . .

come to think of it you had better be really lucky even if you are quick!

sometimes buying the dip costs you the farm

'bwdik'

best wishes all



To: Thomas C (Hijacked) who wrote (22858)7/31/1998 10:14:00 PM
From: Moominoid  Respond to of 94695
 
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.

Why not do both?

David


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