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

To: bearshark who wrote (32332)	10/24/1998 7:06:00 PM
From: HammerHead	Read Replies (1) \| Respond to of 94695

BARRONS -- AN INTERVIEW WITH DAVID A. LEVY. Why this prestigious economist thinks the whole world -- not just Japan -- may eventually be pushing on a string. And why a recession is shaping up that "could look very ugly." <<It is alarming. We have been saying for some time that this is the worst financial and economic situation, globally, since World War II. Lately, we've gotten some company. Everyone from the president of the New York Fed to the President of the United States. It's going to rapidly become quite obvious to anybody still resisting that view.>>

To: bearshark who wrote (32332)	10/24/1998 7:25:00 PM
From: Haim R. Branisteanu	Respond to of 94695

More than anything else, be bearish biased. There is no way that all the world problems were solved in 2 weeks or even two months, even that WS wants to thinks so. Another interesting indication on indecision is the shrinking of option premiums.(puts and calls)Implyied volatility just dropped. To me it is like the eye of the hurricane, people sit on their hands do not know what to do or how to hedge. BWDIK Haim