Groundhog Day Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Groundhog Day

QQQ 621.08

-0.1%

Nov 12 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jorj X Mckie who wrote (4216)	5/10/2002 5:53:18 PM
From: Augustus Gloop	Read Replies (1) of 6346

If I recall.....last options week I was expecting a rally starting monday. It didn't happen until Tuesday but we got that rally. I suspect we see a similar situation here as well. Monday or tuesday we should start to move higher....maybe this will flow over until wednesday but I have the same feeling as you - Look out after expiration. May has ALWAYS SUCKED and I think we could see some ugly trading for the rest of the month after next friday. The positive is that barring and "event" maybe we can get our typical early June - July 15th rally. In years past the summer rally has started to sputter after the Intel report in July. Generally there have been some ok days after July 15th until say July 27th or so but we flip back to hell trading in August. I'm thinking if we can't get a solid enough rally over the summer that 1100 is a real possibility going into Aug - Late september

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next