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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 665.67-0.9%4:00 PM EST

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To: Johnny Canuck who wrote (34804)10/18/2001 11:26:26 AM
From: Johnny Canuck  Read Replies (1) of 68070
 
[madtrader]
Thu Oct 18, 7:38am PDT QQQ
In case anyone forgets, tomorrow is the anniversary of 1987 market crash. With the negative reversal we have heading into this day, I really have no idea what kind of reaction people will have. Needless to say the market is in profit taking mode and sometimes things can feed on itself. A retest of the Septemeber lows is likely but we don't know when. I am going to get some out of money cheapies here for a play. open QQQ Oct 31, 30 puts.
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