Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Claude Cormier who wrote (36889)	1/28/1999 4:23:00 PM
From: Bull RidaH	Read Replies (1) of 94695

Claude, You're absolutely right... The original scenario given over the weekend was dead on. Another possiblity popped up in the meantime that looked possible calling for the top at 1269 Mar S&P (1262SPX), and screwed my conviction on the weekend read and its target of something a little higher (1279 Mar S&P, 1272SPX). However, the futures sold off into the close today, and I hedged my shorts from yesterday with an overnight long S&P which was dumped near the close today at 1268.50, so I'm smokin a little, but not on fire <g>. Yes, had i traded that read to the T, I'd be going boat shopping over the weekend... Oh well, we've got the big down still a comin... right? Regards, David

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