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


To: Barbara Barry who wrote (30924)10/8/1998 11:16:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
BB,

Better in tatters than none at all <ggggg>.

Seriously, I just posted this on a different thread:

The last bastion of hope for a bull recovery any time soon broke down for me today when the SP500 traded around 942! It's all over but the shouting! Good time to get short or into puts.

(All the caveats apply.)

So BB, you can see where I am coming from NOW... no longer trying to buy calls... will be buying puts on every rally.

Good luck!

Bill