Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: ViperChick Secret Agent 006.9 who wrote (15793)	4/8/1998 2:20:00 PM
From: ratan lal	Read Replies (2) of 94695

Lisa I am trying to analyze David's post #15703. It says that we should expect a 11.6 point drop from the high. We already have that. He also states that the SP June could drop and break 1100. Dont knw if that will happen today althogh generally market does look weak and all Tech indicators point to OEX and S&P down. The BIG QUESTION. David expects WAVE 2 to take the market to as high as 1124.70 on June SP. Is that expected today. If yes then will it happen BEFORE SP drops below 1100 or after. Finally he predicts WAVE 2 to be followed by the biggest drop in the market providing 20X to 50X returns on Puts. Am I correct in reading this post ?? ANYONE ?? ratan

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