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Strategies & Market Trends : The Options Box

QQQ 611.67

-1.9%

Nov 6 4:00 PM EST

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To: Poet who wrote (10675)	4/25/2001 1:26:09 PM
From: t2	Read Replies (1) of 10876

Noticed that the VXN is hitting a new record high today after setting one yesterday. Vix is up and Put/call is at 0.73 as of 1 PM. Don't think we will break nasdaq 2000. At this moment, it looks like we will be going to newer short term highs on the Nasdaq---maybe 2300 or so. I would be more even confident of this if the market holds going into 3 pm. No longer fearing a drop in the Nasdaq. Even if it happens, may just be a "bull trap". Here is a good site for half/hour updates..seems to be real time but updates only every 30minutes. I guess real time only at the 1/2 hour. cboe.com Here is the bullish comments on the VXN yesterday. Don't know if I posted this particular commentary. biz.yahoo.com

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