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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: jjstingray who wrote (50876)4/12/2002 4:18:58 PM
From: Justa Werkenstiff  Read Replies (2) of 99280
 
JJ: Tough decision. The close was at the high as called. So going into Monday this would be positive for the open at least.

Yet my model for this time period tells me Monday should be down and should break below the lows and then retrace those lows in the week probably above QQQ $34. So I shorted the close.

The last three Tend Day Trin > 1.50 readings were registered during the week of options expiration. And this came the week before and we are below max pain. So there are many cross-currents going into next week. But I think bears will come out the winners after it all shakes out.
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