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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (25411)8/27/1998 11:55:00 PM
From: jef saunders  Read Replies (3) of 94695
 
bobby, thanks for the wave count! i agree...
except i don't think wave 3 completed today,
i think it still has the opening tomorrow. wave
5 of 3 didn't start until just after 3pm, so i think
it has half an hour or so left.

so do you just hold puts through wave 4
and into wave 5, or do you try to sell the
puts and buy them back at the top of wave 4?

thx,
jef
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