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Strategies & Market Trends : Waiting for the big Kahuna

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To: Moominoid who wrote (40305)	5/28/1999 4:47:00 PM
From: Yogizuna	Read Replies (1) of 94695

David, The same as for the OEX, roller coaster like conditions with a downward bias toward the end of the year. On the hourly OEX chart, it looked like five waves down to me in a declining wedge type formation (but I'm no wave analyst), so I lightened up on the put positions as my standard system gave out a buy signal. Now I await the next good opportunity to buy them back, hopefully at lower prices. Have a nice holiday weekend! Yogi

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