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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (17522)4/28/1998 2:36:00 PM
From: RWS  Read Replies (3) of 94695
 
David

If this correction to the downtrend is over, it was a small one. We could still be in a B of 2 and C may come in at the close. If not then, alternatively, this bounce may have only been wave iv of 1 down and wave 2 is still several hours away.

There is so much confidence that market will drop it makes me more cautious, but as long as Jim's megas are dropping I'll stay with my puts.

RWS
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