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

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To: LTK007 who wrote (11045)10/16/2002 1:10:35 AM
From: mishedlo  Read Replies (2) of 30712
 
stockcharts.com[w,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

March rallied like a bat out of hell and was 2 or so QQQ points above pain intra week then closed expiry down (per my recollection anyway and Since I bought current month PUTs I do remember sweating it out). I also remember being chicken and cashing them out too early, as soon as pain was reached from above, when by Friday we were well below pain. I do see a small rally after expiry then a huge decline.

May extended the rally and continued for 3 days after.

M
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