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Strategies & Market Trends : Waiting for the big Kahuna

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To: ratan lal who wrote (17416)4/27/1998 11:36:00 PM
From: Bull RidaH  Read Replies (1) of 94695
 
Whoa Ratan... Wait a minute.. This time, I made the proper provision for this market action, and clearly stated the criteria I would use to adjust my strategy. Did the safety measures not register with you?

From Post 17390 (To You)
"As long as the June S&P doesn't spend more than 30 minutes below 1109.5 during the day session(Friday's low), I will stick with my read and play it accordingly."

From Post 17377
"If for some reason the contract decisively takes out 1100 on the downside, then a different scenario would have to be considered that would open the door for a severe break that would first target 1087, then the 1057 area."

I'm sorry if these statements didn't help you, but that's how I played it, and did quite nicely, Thank You.

David
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