MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: marginmike who wrote (3336)	5/26/2000 12:21:00 AM
From: J.T.	Read Replies (1) of 19219

MM, that had to be one of my worst calls ever on QCOM last night. I thought it would run to low 90's and reverse back down to mid seventies worst case scenario. QCOM headfake from intraday high of 82 and change to close below 70 and back in 60's was unbelievable. Those premiums on OTM June calls are on life support <g>.It is a microcosm of how skittish this market really is. Best Regards, J.T.

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