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


To: Mike Learner who wrote (33173)11/6/1998 2:09:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Thanks Mike I read the article this mornig.

BTW, I think that the upper limit in teh market is being reached, around SPX 1140 and DJIA 9000.

Will see if I am right. Cheap puts (below 1/2) are not moving even if the stock is moving higher.

My interpretation is that any are shorting puts or trying to by a token of underlying protection.

BWDIN

Haim