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


To: Bull RidaH who wrote (36141)1/7/1999 2:30:00 PM
From: jef saunders  Respond to of 94695
 
thanks !

what's happening to my FSR ? do you have a target
for this drop? i'm taking a huge beating on the last
set of calls i bought...

jeff



To: Bull RidaH who wrote (36141)1/8/1999 1:11:00 AM
From: Vitas  Read Replies (2) | Respond to of 94695
 
David, I think there is a reasonably strong possibility that we are putting in a triple declining slammation pattern in the advance decline line. We touched the down trendline that goes from 4/3/98 through
7/16/98 yesterday.

For a general example see:

decisionpoint.com

September 89-January 90. Oddly enough, that was a beginning of January move also.

The extremely low CBOE put/call ratio would lean towards this outcome.

On the other hand.... Time to be nimble.

Vitas



To: Bull RidaH who wrote (36141)1/8/1999 5:29:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 94695
 
David: nice call on SUPG. However, how do you see about that Gap. Is it going to close in the near term? I did some day trade on it, but have not hold it for being afraid of getting caught in filling the gap. Thank for you opionion.
Best.