Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Barbara Barry who wrote (26948)	9/8/1998 6:41:00 PM
From: epicure	Read Replies (1) \| Respond to of 94695

You think we will wait as late as October for a selloff?

To: Barbara Barry who wrote (26948)	9/8/1998 8:46:00 PM
From: William H Huebl	Respond to of 94695

BB, I THINK I will buy puts on Monday next... SEPT EXPIRY! My forecast: The market will fall over 300 DOW points between Sept 14 open and Sept 17th day before EXPIRY!!! And to make even more, buy calls on the open of Sept 18th (EXPIRY) and sell them by 3:30 of that day! That should be over a 100 point move up. (obviously all subject to change) What would change my mind? If the markets move more than 100 points between now and then (closing prices for the next three days must be between 7950 and 8050. Or all bets are off. And with KS report due out Friday, ANYTHING can happen... you may want to buy the puts Friday close! BWDIK! Really! Bill PS PM was off a day (this is a 4 day week, duh!)