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


To: Darrin Vernier who wrote (31287)10/12/1998 10:33:00 AM
From: Darrin Vernier  Read Replies (1) | Respond to of 94695
 
I had doubled up on my shorts Friday. We are at 8050 Dow now. Just tripled up. No room on this raft left for my feet. Meet you at the end of the day at the end of rainbow, or the bottom of the whirlpool. The trap springs right about....now! <G>

Darrin




To: Darrin Vernier who wrote (31287)10/12/1998 11:01:00 AM
From: BubbaFred  Read Replies (2) | Respond to of 94695
 
IMO, we are 100 Dow pts from the ceiling of 8150-8200. I am closing out my calls and placing limit orders for puts. Presently, U.S. market leads, not follows world markets. U.S. has most at stake in stabilizing Asia etc. Action between 1130-1300 hours ET will tell if 8200 will be broken.



To: Darrin Vernier who wrote (31287)10/12/1998 11:45:00 AM
From: William H Huebl  Respond to of 94695
 
Darrin, I vote for Fred. <eom> Bill



To: Darrin Vernier who wrote (31287)10/13/1998 2:50:00 AM
From: Bull RidaH  Read Replies (4) | Respond to of 94695
 
Darrin,

>>Don't know yet because we are at the line<<

I believe the only line to be concerned about is the line from the 7/20/98 peak that connects the 9/29/98 peak. That line will be at 934 SPX tomorrow.

In relation to '29, this would be equivalent to connecting the early September peak with the mid October peak.

geocities.com

"You Are Here" is finally on the right day.

Regards,

David