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Strategies & Market Trends : The Options Box

QQQ 620.76

+0.7%

Jan 22 4:00 PM EST

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To: hobo who wrote (10442)	4/17/2001 11:44:55 AM
From: t2	Read Replies (1) of 10876

toscano..a further note. I would expect that the market rallies into the close tomorrow ahead of the earnings. If one is looking for a short term trade, maybe a buy tomorrow AM of QQQs (or today if the market gets weaker) after the Intel news. However, market already expects bad news from Intel and maybe the buy is best if Nasdaq drops into the close late day today and sell just ahead of tomorrow afternoon's IBM earnings. This trade would make the most sense if the Nasdaq pulls back today at some point in the day. Just an idea. I am still focussed on tech and am playing more of a strategic positioning rather than a short term trade.

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