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

To: Bull RidaH who wrote (47620)	5/26/2000 12:42:00 AM
From: Death Sphincter	Respond to of 94695

affirmative on that diagonal scenario.....that is why it is absolutely imperative that the Feb 28 area HOLD for a bullish run to 1600 to occur....and it MUST hold for the DOW also. and it needs to have the big OH MY GOOD END OF THE WORLD sentiment....and the NAZ at 2700-2800. Then it could set up. and what you have as waves 3,4,5 become ABC up of a final move to 1600 to finish what started 10/08/98. you must see and keep these both in mind as things develope. there has been VERY little doubt in my mind that we have to get to that area to find out which will prevail.....its why Dad has been watching over the glue stash, it is such a strong, strong read...it just had to be played and at least observed. 2 strong reads saying GO TO FEB LOW AREA AND SEE WHAT HAPPENS and no strong reads for UP until that happens. DAMN HIGHJACKERS!

To: Bull RidaH who wrote (47620)	5/26/2000 7:37:00 AM
From: Gersh Avery	Read Replies (1) \| Respond to of 94695

Hi david FWIW Don't know if I ever mentioned it to you. I stumbeled into this "thing." a few months ago. I was doing a lot of number crunching and found a pattern that repeated every month. Every single month. Now I was only looking at the last four years and haven't gone back any further than that .. but .. what I found was an indicator that has been able, once per month, to give me a solid signal. The signal, as far as I can tell, has been able to pay off 100% of the time. It's only good for one day of the month. That being options expiration day. It'll tell me from that day which will pay more, an SPX put or call purchased on that day. Every month, for the last 4.5 years now. I'm still fine tuning the thing to determine how much I can expect return wise and trying to see how I can zero in on strikes and indexes to play. FWIW that signal said puts this time.

To: Bull RidaH who wrote (47620)	5/27/2000 2:04:00 AM
From: Death Sphincter	Read Replies (1) \| Respond to of 94695

David....things are getting convoluted here. not so much bigger picture but now picture. You and I know what that bigger picture ending diagonal means, but these diagonals have sharp wild reversals in each direction. You were stating the other night that the 5/22 to the open on 5/25 could be wave 4 of the guy coming down from May 16th. The way this thing is developing that could be it, don't throw that away! watch the next day and see if this thing peters out in a diagonal fashion with DOW holding 10200 and SP 1350ish?....this could complete a semi-complex ABC down from 5/1 and set up a good rally point. initially you were seeing an ending diagonal thingy 5/23-5/24 on SP....though not textbook perfect it certainly can fly. it could also set up that 5-3-5 zigzag wave 3 nasty of a diagonal down from 5/1...to do so i say we need to reverse hereabouts and double top around 1410 SP...then head south. do something for me with your software....draw a trendline off the bottom of 1994 connect 1998 low and tell me were the DOW and SP figure in now....me thinks DOW around 10200 not sure of SP, i think these come into play here...let me know. Next 2 days should tell a lot. tanks C

To: Bull RidaH who wrote (47620)	5/27/2000 2:04:00 AM
From: Death Sphincter	Read Replies (1) \| Respond to of 94695

David....things are getting convoluted here. not so much bigger picture but now picture. You and I know what that bigger picture ending diagonal means, but these diagonals have sharp wild reversals in each direction. You were stating the other night that the 5/22 to the open on 5/25 could be wave 4 of the guy coming down from May 16th. The way this thing is developing that could be it, don't throw that away! watch the next day and see if this thing peters out in a diagonal fashion with DOW holding 10200 and SP 1350ish?....this could complete a semi-complex ABC down from 5/1 and set up a good rally point. initially you were seeing an ending diagonal thingy 5/23-5/24 on SP....though not textbook perfect it certainly can fly. it could also set up that 5-3-5 zigzag wave 3 nasty of a diagonal down from 5/1...to do so i say we need to reverse hereabouts and double top around 1410 SP...then head south. do something for me with your software....draw a trendline off the bottom of 1994 connect 1998 low and tell me were the DOW and SP figure in now....me thinks DOW around 10200 not sure of SP, i think these come into play here...let me know. Next 2 days should tell a lot. tanks C