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Strategies & Market Trends : Waiting for the big Kahuna
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To: SE who wrote (37089)2/4/1999 11:57:00 AM
From: Bull RidaH  Read Replies (1) of 94695
 
Scott,

<<Keep your pencil sharp!>>

Now you know erasers are more important for ME to have on hand! <g>

As long as we hold 1250, this scenario i've laid out this a.m. will be in good shape. If we break it, then one must conclude the slide is underway. Otherwise, we could rally into late Friday from here, and possibly get one final spike up Monday a.m. Early next week MAY be the soonest possible time to buy Feb puts. and get short futures with chances of not getting whipsawed.

Regards,

David
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