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 (16280)	4/14/1998 10:11:00 AM
From: RWS	Read Replies (1) of 94695

I'm still 80% long puts. Changed my mental stop to 1113 based on SPX resistance posted on the thread yesterday afternoon. If interest rates continue up bank party will be pooped. I'm afraid INTC may abort wave 5 down tomorrow. And don't forget Jim's warning about the high put/call ratio which he called high bearish sentiment. It is good fertilizer for a sharp rebound rally. As of right now I'm planning to be flat at the end of the day. Good luck to all. RWS

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