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


To: William H Huebl who wrote (36657)1/22/1999 9:54:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
Bill, I watched the tape during the closing hour it was anemic. IMHO the market fell for lack of buyers not strong selling pressure.

The day traders sold as there was no institutional buying IMHO

See the VIX many speak bullish but act bearish. No indicator is now trust worthy.

Most highfliers had a strong and swift corrections many are shaking.

Brazil is a scare and the market is at crossings point.

BWDIK
Haim



To: William H Huebl who wrote (36657)1/22/1999 10:24:00 PM
From: Michael Rich  Read Replies (1) | Respond to of 94695
 
Bill, do you still trade options? I'd love to nail the BK
with some puts...suggestions as where to hit?

Regards.



To: William H Huebl who wrote (36657)1/23/1999 7:49:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Bill,

The four I bought at 33 were sold out in the subsequent rally attempt within 30 minutes for a decent profit. If I give some back, that is the overhead in this business...

I bought four back at 1230 after new lows were made very late in the day.....

Let me know what you have, but I believe we're at critical support, if this breaks, well, then we will probably see the BK.....

I've always been aggressive and have been successful at this for the past 25 years, this is all I do.....<g>

My Best.

GZ