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

To: RWS who wrote (16214)4/13/1998 1:50:00 PM
From: ratan lal  Read Replies (1) | Respond to of 94695
 
RWS

Thanks for the verification. David has already bought his puts when SP8M hit 1111. I guess you are going to wait for SPX to hit 1107 to 1110. FWIW my charts show the downmove starting now. Would that be 5 of C ??

ratan



To: RWS who wrote (16214)4/13/1998 2:36:00 PM
From: ratan lal  Read Replies (1) | Respond to of 94695
 
RWS

I'm looking for the ABC corrective wave (ii) up in this impulse wave 3 down of C
to bounce up and approach 1110 on cash SPX.

Here comes your move up. SPX now 1105.51 and basically jumped up in the last couple of minutes. Good call.

ratan


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