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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Rock_nj who wrote (61559)5/3/2002 5:53:26 PM
From: mishedlo  Read Replies (2) of 99280
 
If CSCO sparks a rally I will give you my targets.

QQQ 32.8
MSFT 54.4
INTC 29.7
CSCO 14.7

If CSCO sparks a selloff - look out below ON EVERYTHING

The above figures based on max pain
There quite simply is no floor IMHO, from an options perspective, if CSCO bad news takes the market lower.

The beauty of this mess is that options will be extremely cheap, if we start to rally on CSCO.

Rally wil be short lived, but those are more or less my targets at the close if CSCO does indeed spark a rally.

I do not have downside targets if it does not.
(Just buy EXPE and be happy - everyone else seems to be)
ggg

M
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