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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (2727)	8/27/1998 4:22:00 PM
From: The Jedi	Read Replies (1) \| Respond to of 44573

Astro called this a bad day, was right again. Tommorow we will see some bottom of the week. Astro calling Sept 16 as the low and Bradley calling Sept 17. I think Tom is right, we will now see technical overselling, just as we had been seeing technical overbuying. Now the downside to SPX is 980 (called by Favors). My guess is we should reach that by Sept 17. Then 3rdQ rally and then another round of selling in Oct. The bull has been put to sleep till the year end. Floor is already now focusing on Japan. Russian market is dead and factored in. After we bury the effects of Japan we will have Latin America to bury. Kiri

To: Patrick Slevin who wrote (2727)	8/27/1998 4:26:00 PM
From: Tom Trader	Read Replies (2) \| Respond to of 44573

>>Well it appears you nailed your 45. I think that I did--though I have not heard back yet. But I know that things are crazy in the pits I was very tempted to cancel the order--as it sold off towards the close because it'll probably gap down in the am. But I decided not to get greedy. Now if it crashes tomorrow, I'll be pissed. Who'd have thought that after yesterday--we'd drop the way that we did. Anyway, I still have the naked calls on the OEX that I sold yesterday for 16+--I'll probably just let them expire worthless--unless I get a buy signal, in which case I'll close em out I am done for today--have a good evening--and talk to you in the am