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Strategies & Market Trends : Waiting for the big Kahuna

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To: yard_man who wrote (16872)4/20/1998 9:40:00 AM
From: bobby beara  Read Replies (1) of 94695
 
Tip, your at or in the money May S&P puts might do all right. After looking at the charts, we may have a spike in the DOW to finish this thing off while the S&P lags.

This was the same thing that happened August 97.

Another possibility other than a V reversal in this 15 year bull market is a reversal similar to the XAU which is now 5 months in the making from the initial reversal in December.

That would put us in the scary month of October.

bueno suerte,
bb
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