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Strategies & Market Trends : Waiting for the big Kahuna

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To: yard_man who wrote (25214)8/26/1998 1:46:00 PM
From: jef saunders  Read Replies (1) of 94695
 
tippet, i hope shorting is not the way to play dell now!
i got scared off by david's post and sold my calls at 122.
so today i went back and reread david's post and he
said if it closes above 123 twice, then he's long. it was
up to 127 when i bought a call back (februrary 100)...
now i'm going to see if i have the patience to just hold
it.

i have 4 oex puts and 11 dow puts that i bought yesterday.
doing nicely. it looks like david's wave count is correct,
hoping for a close below spx 1190 for the confirmation.

jef
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