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

To: Jay8088 who wrote (30439)	10/6/1998 1:28:00 PM
From: Bull RidaH	Read Replies (1) \| Respond to of 94695

Jay, Thanks...The wave projections are working flawlessly so far. 920 SPX/7200Dow stand as a magnet, and I believe prices will visit those figures by next Wednesday (if not much sooner). After the bounce from that level, 875SPX/6800Dow will be the next key level, from which a substantial bounce could occur. 725 SPX will then be the next key level to watch, a level which I also have as the MINIMUM CRASH depth to reach by the first week of November (460 Maximum). To illustrate what a great short opportunity today was (and still is), Through expiration, I'll include the price of the oex 450 october puts at today's peak, and their current price in all my posts. The Oexvj's reached a low of 2.75 today, and are currently asking 4. Regards, David