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

To: SE who wrote (16234)	4/13/1998 4:21:00 PM
From: The Perfect Hedge	Respond to of 94695

I'm siding with patrick on TSO thread;down day will be thursday... GD

To: SE who wrote (16234)	4/13/1998 4:29:00 PM
From: RWS	Respond to of 94695

I've been trading SPX April 1100 puts and calls the last few weeks. The reason...its easy to remember the symbols. (Ain't that deep.) I hope to sell them if the SPX goes down below where it is now and they become profitable. I'll let the wave action, volume, and tick tell me when to start placing limit sell orders on my position. If my position doubles I'll sell half right away. A strong open over 1111 will hit my mental stop loss. I am a gambling fool and have a very shallow understanding of the market and technical analysis. I post on SI to get attention and make friends. Good luck. RWS