Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (47654)	5/28/2000 3:04:00 AM
From: set	Read Replies (1) of 94695

> a month huh? no, just the circled parts. The immediate context in each case is a vertical plunge just prior. Just a tiny little glyph I'm looking at. I always assume that there are stops just above the more recent high and just below the most recent low. That would be thursday in this case. So the question is when are they sure to hit and when not. For example the odds were good that the 4/19 high in the NDX would be taken, so I didn't want to sell until that happened. But in this case I'm willing to try it lower than 1418, assuming it goes up and presents any possible entry at all.

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