SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Tom M who wrote (16193)4/13/1998 12:50:00 PM
From: Bull RidaH  Read Replies (2) | Respond to of 94695
 
Hi Tom,

An even more pertinent question at this point is "when will 3 of 3 of C begin, and how far will it go?"

What I probably haven't stressed enough is that this "3 of 3" of C is the "filet mignon" of the move, as 3 of 3 is in any move. It is one of the key components of Wave analysis, to be able to spot this section of a move, because extreme profits in an extreme hurry are rolled up here. I see this part of the move beginning in the next hour, and starting from the 1111 area on the s&p futures (based on where we are in the wave count now).

To simplify, buying puts in the next hour around 1111 on the June S&P and held for at least half a day should produce delightful results. We'll worry about wave 4 up after we've done some celebrating!!

Regards,

David