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

To: yard_man who wrote (19232)	5/27/1998 2:52:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

I doubt they rally with us droping this hard , fear is subject to rule tonight ..the bears done took out the support, somehow they got over their caution. I think this confirms the down trend I've been talking about over a month, troble is now the puts are priced to high heaven..hell I should have had the guts to stick with the shorts I took out on the 24th of April.. --------------- Were will the bottom be that's is the question now, and to heck wth the Dow I don't play it anyway.. 1050-1060 on the S&P ?? or were.. and how will we know when we get there.. will the tick go up while the indexes keep falling... Thats been the signal reversed on the last two sell offs and I posted them both times..but I have not seen if it works the other way around yet. You can bet if I do see the tick go hard up and the indexes still falling I'l be long before I post it. Jim