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

To: Claude Cormier who wrote (35703)12/28/1998 3:06:00 AM
From: Arik T.G.  Respond to of 94695
 
>>Do you have a time frame for "a".

Can't tell. Obviously there should be a major correction in the sector, with or without the market, and my guess is it should start now (I have a few AMZN Jan 270 puts). The 150 target should be reached in a matter of weeks, and the 45 target should take months, maybe by the summer or fall. Thereafter it should be priced more by the co. expected performance and less by dreams.

ATG


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