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

To: Oeconomicus who wrote (27327)	9/10/1998 9:57:00 PM
From: James F. Hopkins	Respond to of 94695

Well we are getting more serious rain now, I just logged in and put a market sell on my DIA for the open, as I half expect to lose power by in the morning, and wont be on line to see crap, if it's not to bad I may kill the order before the open, but from the looks of this weather the market can go do what it wants without me. I'm shutting down and subject to be boarding up in the morning. Jim

To: Oeconomicus who wrote (27327)	9/10/1998 11:46:00 PM
From: Follies	Read Replies (1) \| Respond to of 94695

I compute dec fair value at 12.675 = 5.2% interest * .25 (3months) * 975 (spot SPX)

To: Oeconomicus who wrote (27327)	9/11/1998 8:30:00 AM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

Bob: I got up early, ( 5:30 ) no rain went out and could see a few stars this storm must have put on some speed and moved inland, and is breaking up. It was more like a monsoon than a hurricane, person across the street has a rain gauge, says we had 11.5 inches since 7:30AM yesterday. Last night it was after midnight I went to bed and looking bad as our street was under water. This Morning it's mostly all run off, and while I expect some more rain , I don't expect it to be anything like yesterday. This thing didn't have a lot of punch , it was just very big in area and had mucho rain. News reported 26,000 without electricity at 6am , by 7am that was down to 18,000. The front beaches all got flooded, but by noon today I expect that to be back to almost normal, except for the clean up as many of them got water in their homes. --------------------------- The futures look to be about $5 below fair value, if that don't change we gap down, and then make a new low. It don't seem money should be running into gold right now but my GOLDX is flying. Got to run Jim