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


To: William H Huebl who wrote (23928)8/11/1998 1:09:00 PM
From: yard_man  Read Replies (1) | Respond to of 94695
 
Why?



To: William H Huebl who wrote (23928)8/11/1998 1:34:00 PM
From: Jacques Chitte  Read Replies (1) | Respond to of 94695
 
Looked at another way - I bet that's the best offer he's had all week! :-)



To: William H Huebl who wrote (23928)8/11/1998 3:04:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Bill I wrote in the money puts this morning only to get scared out of them about 1 hour ago for only a 1/4 profit after they were down $1.

Thanks for your advise. Remember we are in a bear market the mirror of a bull market wen every one was saying the market is overbought we need a pause the market was still marching up. Now we have the opposite.

Oversold and the market still gets lower. During the last month every time I tried to hedge I got bitten and paid for it.

The fact that we are still 200 points down and oscilating around SPX 1060 is not such a great sign of confidence.

The truth is that it is quite difficult without CNBC or other financial news to make decisions.

Thanks in any case.

BWDIK

Haim