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Strategies & Market Trends : Waiting for the big Kahuna
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To: Margaret Mateer who wrote (33028)11/4/1998 12:19:00 PM
From: Jay8088  Read Replies (1) of 94695
 
I am heavily in puts and hoping that we are near a reversal day. However today's broad rally is unnerving, to say the least. Fifth wave extension as in Williams chart looks very possible at this point. Once we do get a euphoric thrust above 9000, the probability of Nov/Dec crash increases, IMO.
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