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

To: bobby beara who wrote (29947)	10/2/1998 10:27:00 AM
From: Follies	Read Replies (1) \| Respond to of 94695

bb, You could be right, circuit breaker day today or Monday. Futures are selling the sh*t out of the market, premium has been -10 below fair value for 10 minutes!

To: bobby beara who wrote (29947)	10/2/1998 12:02:00 PM
From: BubbaFred	Read Replies (1) \| Respond to of 94695

BB - Looks like no big circuit breaker today. Have to wait for Monday or middle of next week. Bigger one coming up in late October to mid November. As you said many times, we are playing in the bear den. Do you know when the big Momma of all Kahunas will arrive? Most small investors don't sense it. Most are too complacent. Six weeks ago, they are riding it out, looking at 5 year horizon. Now, they are looking at 10-15 years horizon. Message 5851728

To: bobby beara who wrote (29947)	10/2/1998 2:53:00 PM
From: Death Sphincter	Read Replies (1) \| Respond to of 94695

bobby...i put my pants back on this morning and cashed in my puts that were taken near the high of 1066........my money says the lows around Sept. 1 was the bottom of the A wave down...and the B wave up started and we have seen the a up of B..and we are now nearing the end of the b down of B..in fact i am guessing that we are now in the 4th wave of the 5 wave series down that will end this b of B down....and since wave 3 of this series was extended i don't think 5 will be that strong......................then the c up of B will be a strong rally...and then the BiG C wave down will start and the scary month will strike again at which point i will remove all my clothing, take my computer to the bear butt trading lounge and be trading in the nude, once again...........................<G> BWDIK, i trade naked(sometimes) carl