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Strategies & Market Trends : P&S and STO Death Blow's
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To: jjstingray who wrote (2761)6/25/2002 5:58:28 PM
From: ajtj99   of 30712
 
jj, the Dow hasn't even cracked yet. Until that happens, I don't think it is wise to close puts. The SPX still hasn't touched the Sept. lows either. The SOXX needs to get under 343 yet also.

I doubt tomorrow will be capitulation. I expect a correction up to possibly NDX 1050 or so before we take out 1014 on the Fed release in the afternoon.
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