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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (8917)11/2/1997 10:44:00 AM
From: Ed Pittman   of 94695
 
Bill

NO it has nothing to do with the 3rd Friday...Just lines drawn on a chart. We could go up on Monday and still be in this down trend. I'm still doing research on this system..i'm sure it works out to be like some kind of cycle, but I find it interesting..

What I also found interesting was the premium in the OEX to the put side. As I stated..I think a 760 put was $ 6+ and a 960 call was $ 5/16..
This is what has me worried...Not everyone can be right...

Regards
Ed
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