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

To: Greg Jung who wrote (32060)	10/20/1998 1:41:00 PM
From: Haim R. Branisteanu	Read Replies (3) \| Respond to of 94695

Germany has bigger than expected growth, will not lower interest rates until the Euro is established. This puts also a damper on the UK IMHO. The dollar is very weak, as are oil prices which in turn will not help the recovery in SE Asia or Russia. The world economy is a basket case, money is flowing into stocks but not into the real economy. The King is naked but it is easier to ignore it. Closed my longs a hour ago, and thinking of writing calls. The only problem I have calls are underpriced, I like to sell premium not to buy it. Hope Puts are equally cheap, will see. BWDIK Haim