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

To: Real Man who wrote (68638)2/12/2004 4:12:42 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Then why not just wait???



To: Real Man who wrote (68638)2/12/2004 8:46:48 PM
From: Dr. Voodoo  Read Replies (1) | Respond to of 94695
 
Vi,

I've decided on the same strategy. I looked at charts and if my puts expire worthless it would require the greatest run in Dow history for the last 25 years. RSI on the daily hasn't dropped below about 40 ish for more than 1 year. The only question in my mind right now is whether it will be just a 10-15% correction or will turn into a full blown reversal.


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