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Strategies & Market Trends : News Links and Chart Links
SPXL 220.09-3.3%Dec 12 4:00 PM EST
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To: Les H who wrote (200)5/23/2001 6:04:53 PM
From: ajtj99  Read Replies (1) of 29603
 
Les, are you saying we go up on May 29-30 or down? I haven't quite learned to speak Cycle-ese.

When you say Fib retrace May 29-30, I'm assuming you mean we'll re-trace up to be up near the end of the month.

I got QQQ June 48 puts today at $1.50. I'll look to flip them if we get close to 2095 and it holds. The break through resistance at 2250 is pretty helpful, as it gives me a good channel to work in between 2095 and 2250 near term.
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