P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeff who wrote (3241)	7/9/2002 7:46:45 PM
From: ajtj99	Read Replies (2) of 30712

Jeff, you keep bringing that up, and you know that was before I had a chance to look at charts that said otherwise <G>. So this ramp has two targets for expiration in my mind - QQQ 26.50 or 27.50. If we drop tomorrow, 26.50 is the better target for next week's high, and I'll still be sitting OK. Actually, if we drop below COMP 1370 tomorrow, I may just hedge my position rather than close it. That would allow my to flip puts if we get close to 1336 COMP and it holds and get some calls at that level. It would also lock in my position at COMP 1370.

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