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


To: donald sew who wrote (24188)8/13/1998 2:30:00 PM
From: ratan lal  Read Replies (1) | Respond to of 94695
 
Don

OEX seems to be hanging around the 533 level. Does your analysis have it going all the way back to the top this morn at 537.36.

Did you initiate any puts or are you still waiting

ratan



To: donald sew who wrote (24188)8/13/1998 2:44:00 PM
From: ratan lal  Respond to of 94695
 
Hi Don

About 10 seconds after my last post to you, OEX dropped 1.8. So now I am going to wait to see if it recovers the high of the day before initiating any PUTS.

ratan

EDIT - looks like a H&S pattern with the left shouldr yesterday at about 530.24 and the right shoulder today at alos around 530.24.

It seems like OEX is now heading back to the support at 530.24