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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (15811)4/8/1998 3:24:00 PM
From: ratan lal  Read Replies (1) of 94695
 
David

Thanks for checking in. AS you may have noticed, a lot of discussion went on all morning.

Is it possible for the Wave rally to begin in SP8M in night trading. IF so, would you advis that we get out of our shorts by the end of today or continue to hold hoping for the wave 5 to end tomorrow and then wait for the wave 2 rally.

As i stated, i wouldn't be looking to
cover shorts unless we break 1100 on this move down,


I presume you are talking about June S&P. AS you knaow SPX already went as low as 1098.74

Once again, THANKS.

ratan
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