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


To: Skeet Shipman who wrote (31941)10/18/1998 10:02:00 PM
From: William H Huebl  Respond to of 94695
 
Skeet,

Yeah, my puts were also a casualty... although willing ones. I was trying out a new indicator and it works fantastically. The stock I picked for puts I could have gotten out with little loss EVEN AFTER THE FEDS LOWERED RATES!!!

That THAT'S an indicator.

Now I gotta test it on some REAL bucks (only had a couple of cheap puts on the test.)

Bill



To: Skeet Shipman who wrote (31941)10/19/1998 9:05:00 AM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
In case anyone missed the last item in my post. Which was meant as a warning to mutual fund and brokerage house managers, and the investing public.

In my opinion, the population cohort DOW correlation charts are:

1. A gross oversimplification of economic market theory.
produced by
2. A gross mis-manipulation of nonverifiable cohort statistics
which results in
3. A gross misrepresentation of the correlation to investors.

One of such a magnitude because it implies future predictability; in my opinion, it constitutes a fraudulent presentation to investors.

Skeet