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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (35914)	4/23/1999 1:01:00 PM
From: yard_man	Read Replies (1) \| Respond to of 86076

yes, to the last question. Any individual stock can go wherever it wants to but there are some limits to moves in the indices look at the NDX and Naz on a timescale broad enough to include the first of 98 ... near vertical from here very unlikely for more than 100 Naz points -- if we do that (go vertical for something like 10% (250 or more Naz points) or so) then do mortgage the farm and buy NDX puts ... a severe crash would be so likely it would be worth risking large $$'s