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


To: Bull RidaH who wrote (47501)5/18/2000 5:14:00 PM
From: Death Sphincter  Respond to of 94695
 
we must be watching the same channel...CBS (Curtailed Bull Station). This is a remake. The story line is basicly the same....the audience buys into the 'higher low,higher high'
plot. The villian appears to be wearing a Joker's mask, but the fans neglect to see the Man In The OVERLAP COAT lurking in the shadows. There are several endings but the most popular one features a 'large spike' thrusting thru the top of the villians head. The fans go wild!! then the OVERLAP man steps from the shadows and the crowd realizes that it has been a charade as Overlap man removes the mask to reveal
a Cheerleader with a bag of glue on her head, the crowd gasps with horror and head,sobbing, for the exits.
I've seen other sequels where the hero is a mangy but lovable cur that has been hit by a bus he drags himself up the staircase of the Glue factory...up he goes 1,2,3..1,2,3..1,2,3...he reaches the top step, pushes the door open, falls exhausted just nosing over the threshold,
looks up with sad,lovable,puppydog eyes....and sees THE MAN IN THE OVERLAP COAT weilding a fire axe....WHOOOOOMP!!!
The stunned audience reacts with projectile popcorn vomit and run screaming to the exits. I laughed so hard at that one that KO came out of my nose. The ending just killed Gene.

2 thumbs up

Roger



To: Bull RidaH who wrote (47501)5/19/2000 2:19:00 AM
From: Death Sphincter  Read Replies (1) | Respond to of 94695
 
David...NDX,SPX,DOW all in this game.....each with the possible 5 wave 'C'. NDX with the diagonal and both SP/DOW
with conventional. NDX is rather sloppy but still fits.
SP/DOW both have 1&3 virtually identical in length. For SP to stay in the game it must not penetrate below that 1435 area....and DOW 10677 area.....and NDX 3380 area.
Watch these closely. A hold there is a short term buy for me with a stop immediately placed after a bounce begins.

A penetration into those areas of SP/DOW says the 3 legs up off the low of 5/10 was an ABC for these guys and the identical lengths of A&C (viewed as 1&3 now)supports that.

Now if that happens then it portrays another wave in a complex triangle formation, befitting of the indecision at hand. OR
OR: looking at NDX, if not a diagonal "C"....then ABC down to 5/10 low was the beginning of a 5 wave diagonal DOWN...with the up wave from 5/10 being abc stopping smack into the 'B'of the previous ABC down to 5/10 low and this is a classic signature of ending diagonals, relatively symetrical and the counterdirectional wave goes back into the area of the "B" of the previous 3 legged wave.

I like it right here, I think we have some good 'either/or'
with good violation/confirmation targets. For now I hold a few June index option puts but tomorrow I should warm up the Field account.

There's always tomorrow
Stains