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

To: bobby beara who wrote (31939)	10/18/1998 9:32:00 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 94695

bb, I have already signed up for my swimming lessons at the local YMCA <g> I am not good at saving links as I run through all these posts but I read one post on SI tonight where there was a story talking about the rally after the rate cut. The line that stuck out in my mind was at the end of the article that stated, Those were not veteran experienced traders buying on that news, it was the novices, the veterans are planning on selling everything they have into this rally. I would classify myself as the veteran category but I sold all my longs during the summer. I just hope the VIX goes down during this run so I can afford more puts. <g> Although Favors is backing away from his 6000 prediction now. Good Luck, Lee