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Non-Tech : Invest / LTD

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To: Lucretius who wrote (6926)1/28/1999 10:28:00 PM
From: The Perfect Hedge  Read Replies (2) of 14427
 
Luc-
watchout if we get a big rally tomorrow.The correction is going to be delayed while we have an explosive move up.We are on the cusp of breaking a pennant to the upside on the spx......If we break it tomorrow brace yourself cause we won't be moving down but up and BIG........I bought puts today with the hope we won't bust through but the end of day rally surprised me.I will add puts at the top of this next leg up if we break the pennant tomorrow.

the breakout we're looking for is around 1270-ish on the spx.......

B*
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