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

To: Gary Wisdom who wrote (38281)	3/12/1999 6:24:00 AM
From: donald sew	Respond to of 94695

Gary, The BROKERs INDEX(XBD) is one of the strongest indexes, by setting significant new highs. Hey, that doesnt mean they cant come down. As long as you have enough time, and I think minimum April PUTs on some of the individual brokers should suffice. I have not been following the PUT:CALL ratio but I believe that the calls are now significantly outnumbering the PUTs, and since next week is expiration there could be some downside next week. The MAX PAIN for the OEX is 625, which would mean about a 300 point pullback in the DOW next week, based on yesterdays closing prices. pipeline.com seeya