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

To: ratan lal who wrote (17495)4/28/1998 9:27:00 AM
From: SE  Read Replies (1) | Respond to of 94695
 
Ratan,

Do you know where to get a chart of the overnight action? I would like to see if this is the A part of the 2 wave or if the overnight action did the A,B,C part and we are in the midst of the C move up.

-Scott



To: ratan lal who wrote (17495)4/28/1998 9:30:00 AM
From: robert b furman  Respond to of 94695
 
Looks like time to punt on that plan.
nice to have real time huh

Thanks



To: ratan lal who wrote (17495)4/28/1998 9:53:00 AM
From: RWS  Respond to of 94695
 
Futures don't guarantee cash open. I always wait for open. Can't play options on this gap up (at 9:55am). If wave B down of this bounce retraces enough I'll have a chance to buy calls for the wave C ending of 2 up.

Don't forget that wave 2 retracements can be extensive, all the way back to beginning of 1 under EW rules, so 1100 isn't cast in stone.

RWS


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