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

To: Bull RidaH who wrote (17522)4/28/1998 1:20:00 PM
From: ratan lal  Read Replies (1) | Respond to of 94695
 
David

you have to wonder if the locals and scalpers would want to try to
run it up and give an even better short entry point.

Ok I am wondering !!

Now are you going to get out and wait for a better entry point OR are you just going to ride this out ??

ratan



To: Bull RidaH who wrote (17522)4/28/1998 1:54:00 PM
From: ratan lal  Respond to of 94695
 
David

Any exit points for today OR will you go overnight into Globex and maybe even into tomorrow??

ratan



To: Bull RidaH who wrote (17522)4/28/1998 2:36:00 PM
From: RWS  Read Replies (3) | Respond to of 94695
 
David

If this correction to the downtrend is over, it was a small one. We could still be in a B of 2 and C may come in at the close. If not then, alternatively, this bounce may have only been wave iv of 1 down and wave 2 is still several hours away.

There is so much confidence that market will drop it makes me more cautious, but as long as Jim's megas are dropping I'll stay with my puts.

RWS


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