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

To: Barbara Barry who wrote (16168)	4/13/1998 11:29:00 AM
From: ratan lal	Read Replies (1) \| Respond to of 94695

Barbara But what on your charts is so negative at the moment???Mine don't say a BK yet? Using Stochastics and Moving Averages, I showed SP8M reached its top on a daily chart, headed down on the 30-minute chart, 5-minute chart, 1-tick chart. And of course the subsequent action proved it to be right. My daily and 30-min chart still shows further down action and could bring further down action = the down as of now by today or tomorrow (unless there are some computer buy orders). I got out of my OEX April Puts this morning because they had already lost premium from Thursady's close. I read your response too late explaining the morning action being wierd. Left as much money on the table as I made. But I am happy conisdering how nervous I was last night when I saw SP8M up 3.90 in overnight trades. Question : Time to go short (buy puts) again ?? ANYONE ratan I got out because the premium on OEX had dropped from Thursday