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

To: ViperChick Secret Agent 006.9 who wrote (15793)	4/8/1998 2:19:00 PM
From: Barbara Barry	Respond to of 94695

Lisa, Good luck with those puts.You are a braver lady than I am to buy so close to expiry.I guess I've been burned doing that in the past as tempting as it is right now.I would never laugh at your losses or any of my other cyber friends'.We work too hard to try and help and support each other to succeed.I bet you will do just fine with those puts as long as your not greedy this go around,because I think the big bucks are yet to be made down the road a tad. I'm rootin' for you! Barbara

To: ViperChick Secret Agent 006.9 who wrote (15793)	4/8/1998 2:20:00 PM
From: ratan lal	Read Replies (2) \| Respond to of 94695

Lisa I am trying to analyze David's post #15703. It says that we should expect a 11.6 point drop from the high. We already have that. He also states that the SP June could drop and break 1100. Dont knw if that will happen today althogh generally market does look weak and all Tech indicators point to OEX and S&P down. The BIG QUESTION. David expects WAVE 2 to take the market to as high as 1124.70 on June SP. Is that expected today. If yes then will it happen BEFORE SP drops below 1100 or after. Finally he predicts WAVE 2 to be followed by the biggest drop in the market providing 20X to 50X returns on Puts. Am I correct in reading this post ?? ANYONE ?? ratan