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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (42811)8/8/1999 9:52:00 PM
From: nicewatch  Read Replies (1) | Respond to of 94695
 
Hi Bill,

Actually, we may just test the upper tine by Wednesday... that is when I will be loading up on puts!

Good luck. If the trend is down, selling the rallies seems to be the smartest thing to do. I myself am torn.... my gut says we go lower, but a lot of the technical stuff I follow calls for more of a bounce yet. I am flat... looking for the next best opportunity. A test of the upper tine by Wednesday would be a nice target to go short. TTYL

Regards,

Frank



To: William H Huebl who wrote (42811)8/9/1999 5:00:00 AM
From: donald sew  Read Replies (1) | Respond to of 94695
 
Bill,

>>>> Actually, we may just test the upper tine by Wednesday... that is when I will be loading up on puts! <<<<

I have the upper tine on the SPX around 1400. If that is what you are talking about, I dont see it getting that high by WED. Im more incline with ZIG-ZAGs with the upside closer to 1320, and maybe one last 1 day surge to the 1340 area for this week

seeya



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