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


To: James F. Hopkins who wrote (35326)12/16/1998 9:21:00 AM
From: Terry Whitman  Read Replies (2) | Respond to of 94695
 
Interesting plan Jim. I was wondering how to play this impeachment.
We know there's going to be a big move in one direction or the other- just not certain on which way.

Me thinks that this should be a great opportunity for an options straddle- some are saying that the DJI will move 500 pts. one way or the other. I don't do options, so your suggestion may be the way to play it.

I firmly believe that Clinton will resign before the vote. What I don't know, however, is what the market reaction to it will be. Could be shock, could be relief. Any further suggestions?

Regards,
TW