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Strategies & Market Trends : BEFRIEND THE TREND Short-term Options Trading Thread
QQQ 626.65+1.0%Jan 9 4:00 PM EST

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To: AllansAlias who wrote (943)2/17/2002 8:25:33 PM
From: SusieQ1065  Read Replies (1) of 4058
 
It attracts me because it looks toppy to me, too...

but it hasn't yet formed any kind of reversal candle...and volume was strong on Friday, so i think you could make a case for a possible breakout on it.

with an Average True Range of over 5 points per month, it seems like you might have a chance at one side or the other
going into the money.

BBY i'll probably wait until earnings, Mar 19th.
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