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


To: Roger A. Babb who wrote (8360)10/29/1997 6:49:00 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
PROBABILITIES POSTED HERE - Hi Roger,

I wish there were more early birds out here... B only gets up if she can't sleep...

Well, the URL Ibexx gave us finally got back to posting updated probabilities... but my formulae for forecasting just isn't what it should be... remember, this new approach is only a little over a week old, and although it has made some stunning calls, it doesn't generate a lot of cofidence when it is giving out mega figures. But I will post the stuff anyway:

Barron's forecaster = -85
Probability forecaster = -480
Blended forecast = -280

At present, with Globex up only a couple of points and COMS back near it's downtrend line, I will be putting in an order for 10 puts at the price they SHOULD be... doubt if I get them...

My scenario - market struggles higher, may test 7,600, fails and falls... we will probably have a down day but I can't imagine another bell ringer.

Regards,

Bill



To: Roger A. Babb who wrote (8360)10/29/1997 6:58:00 AM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
An update Roger,

Globex is now up 7 for S&P... Everyone be VERY careful... if it is strong outta the box, then the market may just close up strongly.

I will wait until noon to put in my orders for puts... if resistance holds and the news is okay... isn't Greenbrain to talk today or something???

Regards,

Bill