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Strategies & Market Trends : Waiting for the big Kahuna
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To: BubbaFred who wrote (69387)5/21/2004 6:53:43 AM
From: William H Huebl   of 94695
 
stockcharts.com[PB17!B10!B7][D][F1!1!1.0!!2!299]&pref=G

SPX could drop 200 points or so if we take out that triple bottom in the 1070 area! And that's the good news. The bad news is we are set up for a much bigger fall if we get that far.

But the high put-call ratio reported earlier might delay all this because too many people are negative?
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