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


To: Bull RidaH who wrote (15893)4/9/1998 1:35:00 PM
From: ratan lal  Read Replies (1) | Respond to of 94695
 
David

We are as I type completing wave 5 of 3 of C of the Large Wave 2 up. After its
completion, we'll have 4 down, then 5 of C up to conclude Wave 2 up. This will be
the ultimate put buying spot. I'll post as soon as I can reasonably say it is finished.


Any idea how low the 4 waves will take this market ??

And more important HOW HIGH will the 5 of C take it??

All opinion welcome while David is busy tracking and plotting this market.

ratan



To: Bull RidaH who wrote (15893)4/9/1998 1:46:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 94695
 
david....

i am a little confused as to what the ultimate point is that this whole downward thing ends...

the premiums on the Aprils are getting raped......

and I am trying to get a handle on how profitable index options will be on this..and need some kind of target....