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

To: Barbara Barry who wrote (21935)	7/20/1998 7:36:00 PM
From: William H Huebl	Read Replies (2) \| Respond to of 94695

BB, All is in the upper chart. There are two parallel trend lines trending from lower left to upper right. When the blue plot goes BELOW the red trend line, THAT is the setup. When the blue plot moves higher and crosses the center line (middle of the envelop) THAT is the trigger. You buy puts the next day UNLESS the market is mega strong. The wait until it cools a bit. The signal to close your position comes when the blue plot crosses the green trend line. Bill