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


To: AlanH who wrote (33828)11/17/1998 3:31:00 PM
From: Paul Shread  Read Replies (3) | Respond to of 94695
 
Alan,

95% -- 20 of 21 times (I guess that's actually greater than 95%) over the last four decades or so the market has moved substantially higher within six months of three Fed rate cuts.

Re CSCO calls: Nice move. Couldn't tell you about holding them overnight, but I wouldn't be surprised if we saw 70 again pretty soon.

Paul



To: AlanH who wrote (33828)11/18/1998 11:58:00 AM
From: Paul Shread  Read Replies (1) | Respond to of 94695
 
Hey Alan, didn't I tell you to hold those CSCO calls overnight? ;-) Hope you did.

Paul