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

To: RWS who wrote (17500)	4/28/1998 10:51:00 AM
From: ratan lal	Respond to of 94695

SPTET 16 5/8 X 17. Do you expect SPX to go higher today? TOmorrow? I thought market was headed DOWn after the bounce this A/M. ratan

To: RWS who wrote (17500)	4/28/1998 11:00:00 AM
From: Bull RidaH	Read Replies (5) \| Respond to of 94695

RWS, Whatever happened to that "bounce like a 2 day old helium balloon" stuff? And that "I'm not interested in calls" deal? :o) Remember, the futures have already recovered 20 pts. off their low from yesterday... really think they have that much more to go? My time projections show C of 2 started at 10:30am, and has 1.5 hrs. to complete based on the duration of A. So I'm looking for the drama to begin at high noon today (i.e. the start of 3 down of this C wave, which I believe this time will surely live up to all expectations). If 1102 gives way during this C wave rally in the next hour, then I believe 1105 will safely contain any further rally. But right now, 1101.5 is looking pretty strong. Good Trading, David PS Look at the Put activity indicator, would ya? WOW!!