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Strategies & Market Trends : P&S and STO Death Blow's
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To: Justa Werkenstiff who wrote (9678)10/7/2002 12:18:28 PM
From: ajtj99  Read Replies (4) of 30712
 
Justa, that same thought has been in the back of my mind, and that's why I posted the fractul stuff yesterday. That supports the 4th wave Jeff's talking about to line up with the July drop. However, we don't know how high the 4th wave will go. The options at QQQ 22 are not that far apart, and if there are some more puts initiated at QQQ 22, QQQ 21 could end up being Max Pain, which could put QQQ 20.50-21 a possibility for Max Pain (21 would be more likely in that scenario).
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