Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (78499)	1/13/2008 3:38:46 PM
From: GROUND ZERO™	Read Replies (1) of 94695

Yep, we must close above 1416.50 on Monday or maybe even Tuesday... but if we slide lower within the next day or so, then the pattern becomes completely null and void... because of the fact that a completed wiggle pattern is so rare and so reliable when it occurs, it's a reasonable bet that we'll more likely see lower prices ahead... but, the set up for that pattern is now present and worth watching and mentioning right here... meanwhile, I'm still short the futures with a load of written puts...<g> GZ

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