The Options Box Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Options Box

QQQ 609.11

+1.4%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Poet who wrote (9227)	1/22/2001 10:40:22 AM
From: Lost to Voodoo	Read Replies (2) of 10876

Hi Poet & thread - my grasp of the market continues to be a bit dim at the moment & it could really go any way (including sideways) but just a note of caution that we have been forming a potentially bearish wedge since the beginning of the month which could take us down at some point. Unfortunately, I can't really even say how far down - normally wedges can take you near the base which would be the NAZ lows, but we have gotten above some potential supports, so it could only be a few hundred points or so, esp. given the Fed meeting next week. And at the moment it looks like we may be forging higher, so who knows...but just something to watch for... Oh, BTW, sorry to hear about your debacle with the merged options - sounds awful!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next