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Strategies & Market Trends : Waiting for the big Kahuna
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To: yard_man who wrote (37107)2/4/1999 5:23:00 PM
From: Bull RidaH  Read Replies (3) of 94695
 
Tippet,

I spend so much time working on the S&P 500 that i rarely do Ewave analysis on individuals. when i trade individuals, i just trust them to follow the expected direction of the S&P, and when they don't, i'm toast.

Fortunately, we held 1252 on the futures and 1248.37 on the SPX. Just a little lower and i would have shed some tears! <g> I'd really like a chance to unload my longs and get buck naked short above 1280. I've been adding feb 650 calls on these dips along with a long futures contract from 1263 to try to hedge my core shorts on a run back to 1290.

You still holding that short SPY position from way back when? ;o)

Regards,

David
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