Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (26299)	9/2/1998 10:33:00 PM
From: jef saunders	of 94695

hi David. wow ! thanks for detailed wave explanation. still just slightly confused, but now i have the overall picture. 1 of 3 of 1 of A is a completed down wave. 2 of 3 of 1 of A is an up move. within wave 2 up, wave 1 should be up wave 2 should be down wave 3 should be up ok, but now you mention a and c of 2 of 2 of 3 of 1 of A being UP waves...shouldn't a and c be DOWN waves ? i've always thought the a of 2 should go the same way as the 2. so you are buying september puts in order to maximize your money ? so far, i've been too chicken...leave room for error. i have november 520 oex, and october 8000 djx puts. with my incoming money on friday, perhaps i'll buy september puts.

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