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


To: yard_man who wrote (24293)8/14/1998 2:25:00 PM
From: jef saunders  Respond to of 94695
 
> 5-10% in options

no, i have something like 80% of my account in puts now,
about 23k. i have a few stocks i'm holding for the long term.

on the way up, i had a total of 38 options on 30 different
stocks. i did quite well...but did not exit fast enough,
and then tried to buy back some on the bounce down,
which really killed me.

plonk is looking for monday or tuesday to be the low.

thx,
jef