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

To: Philipp who wrote (26741)	9/7/1998 9:14:00 AM
From: Joseph G.	Respond to of 94695

<<If calls are overpriced>> I see it as they are priced at what the market bears ... However, the "public" still likes to buy calls/sell puts, particularly on individual stocks.

To: Philipp who wrote (26741)	9/7/1998 9:50:00 AM
From: Philipp	Read Replies (1) \| Respond to of 94695

Russia again! I just noticed: if the Duma does not elect a new Prime Minister today and the Duma initiates impeachment proceedings against Yeltsin today (both not improbable), that would cause a constitutional limbo situation for Russia. Yeltsin would no longer be allowed to dismiss the parliament, and the constitution has no provisions for who would form a government in that situation. This makes a military coup significantly more probable ("to save the country from anarchy", with general-turned politician Lebed to form the next government?). I hope not. Phil