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Strategies & Market Trends : Waiting for the big Kahuna
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To: Death Sphincter who wrote (18968)5/22/1998 11:07:00 AM
From: Bull RidaH  Read Replies (2) of 94695
 
Carl,

Looks like we had a near perfect 50% retracement of yesterdays highs to yesterdays lows on the open this morning, and now the collapse is beginning. I just went to defcom 3 (75%). I'll go 100% if 1106 is taken out intraday, or 1110 is taken out on the close (s&p june futures, of course). You still 130% locked & cocked?

David

P.S. Finally, 1115 gives way!! :o)
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