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Strategies & Market Trends : The Options Box

QQQ 611.67

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Nov 6 4:00 PM EST

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To: Lee Lichterman III who wrote (10022)	3/13/2001 8:16:01 AM
From: Poet	Read Replies (1) of 10876

Can triple witch save us? I can call a few Wiccan friends, but I doubt they'll be able to do much more than my Naz voodoo candles. <gg> Yeah, it looks scary to me too, both technically and fundamentally. I think triple witch will help to prop things up this week, but it has the feel of a snowball rolling downhill. This paragraph from Hahn's market wrap last night outlines the conundrum AG appears to be in: The US Dollar is rapidly approaching an important support level. The dollar index was slightly higher today. A break below 110.0 suggests a test of the 104.0 area. A rapid decline in the relative value of the dollar has bearish implications for our stock market. Greenspan cannot prop up the stock market and the US dollar at the same time, and it's possible both will fall. You know more about this than I do. What are your thoughts, when you have a moment?

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