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Strategies & Market Trends : Classic TA Workplace

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To: Shack who started this subject2/4/2002 2:47:32 PM
From: velociraptor_  Read Replies (1) of 209892
 
I bought some QQQ Puts right before the FED meeting at 1.45 and loaded up Friday morning as mentioned at a cost of 1.00. Full position now, which yes, means in the hundreds. Those Puts are selling for 1.55 now.

This should be the start of wave 3 down now, and it appears we have completed 3 out of 5 waves now with the 4th in progress. Looks like 4 may last into the end of the day, which means we should get a gap down tomorrow morning that has a good chance of being bought. I'll know more after the close.
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