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

To: GROUND ZERO™ who wrote (31474)	10/13/1998 8:55:00 PM
From: William H Huebl	Read Replies (2) \| Respond to of 94695

GZ, I do NOT get a sense of a rally. I think we need a test of the 900 level on the S&P500. And why not EXPIRY week when volatility reigns? I believe the volatility is holding up because it is a longer way down than it is up. BWDIK? Bill

To: GROUND ZERO™ who wrote (31474)	10/13/1998 9:36:00 PM
From: D & G	Read Replies (2) \| Respond to of 94695

GZ, You must use Quick & Ratty. I bought DJX index put options for Sept four days before expiry. I called Quick & Dumb and specifically asked if those options expired European style. I was tolded NO ! They expire just like stock options. I called again the next day and was told the same thing by a different broker. Thursday before the close I had a 3 bagger but held (usual for me)(haven't faced that fear thing yet). Friday, I went to sell, still a 3 bagger, and found the options closed. Because the S&P opened UP friday morning my option were worthless. Tweedle Dee & Bumd told me I should have known when they expired. The brokers there must have went thru some match book deal to get their license. Just one man's story. DJF

To: GROUND ZERO™ who wrote (31474)	10/14/1998 12:41:00 AM
From: Berney	Read Replies (1) \| Respond to of 94695

GZ, Somehow I missed place some info. Could you give me your advance/decline figures for 10/7 and 10/8. Wrote them down to enter in the spreadsheet and now I cannot find them. I hate when that happens. I'm quite content to be sitting in cash and occasionally enter a quick day trade. But, I wish you well in your positions. Thanks, Berney