Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (35050)	12/10/1998 1:59:00 AM
From: Bull RidaH	Read Replies (2) of 94695

Carl, If puts don't work now, i guess they ain't gon neva wuk. However, it appears to me that we could get one more little pop back up to 1192 SPX in the morning (Thurs. 12/9), then it's time for the big nasty. I'm awfully curious to know how you recommend skiing the slope.... Do you feel the bigger play is in individual stock puts, or the OEX/SPX puts....Or are you still dabbling in the NYSE puts? And what expiration should we be gunning for (Dec...Jan...Feb?). Speak loudly, dear Cap'n Market.....Please?!?!?! David P.S. I've got us just about finishing up the 5th wave in the impulse up that actually began last Friday's open (not last Tuesday). Tommorrow's rally would be 5 of 5. Are you still working with an up impulse, or do you feel we're in a wave 2 corrective in a down impulse?

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