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Strategies & Market Trends : Classic TA Workplace
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To: Moominoid who wrote (57925)10/28/2002 9:04:16 PM
From: Shack  Read Replies (2) of 209892
 
Its not the bear logic, its traders logic. That's how the markets work.

Actually in that sentence you have summed up beautifully why we are in a secular bear. The majority of J6P are indeed heavily long in the larger sense.

In this case I was just talking about the short term traders. You're talking about sending over 300K QQQ November call contracts deep into the money. That just does not happen.
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