Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (17391)	4/27/1998 8:44:00 AM
From: RWS	Read Replies (2) of 94695

It looks like wave 1 down ain't over after two days of decline, will probably end this morning with a spike v of 1 down, then a wave 2 bounce from a lower level. After wave 2 bounce look out below. Ratan, I may sell puts on spike down this morning and buy them back on wave 2 bounce. Not interested in calls right now. Good luck to all. RWS

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