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

To: Moominoid who wrote (40305)5/28/1999 4:47:00 PM
From: Yogizuna  Read Replies (1) | Respond to of 94695
 
David,
The same as for the OEX, roller coaster like conditions with a downward bias toward the end of the year. On the hourly OEX chart, it looked like five waves down to me in a declining wedge type formation (but I'm no wave analyst), so I lightened up on the put positions as my standard system gave out a buy signal. Now I await the next good opportunity to buy them back, hopefully at lower prices.
Have a nice holiday weekend! Yogi



To: Moominoid who wrote (40305)5/28/1999 5:57:00 PM
From: Yogizuna  Read Replies (2) | Respond to of 94695
 
David,
If you follow my buy and sell signals down at the "Yogi's Bear Basement" subject, the daily signals for the OEX would almost always be the same for the SPX. That's why I dropped the SPX, to save a little more time. I used to do hourly SPX's also. Yogi


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