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

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To: Jeffrey S. Lillie who wrote (19433)12/11/2002 11:17:41 AM
From: exp  Read Replies (1) of 30712
 
JEFF L: QQQ MaxPain at maybe 25.25, lower BB at 24.83:
stockcharts.com[r,a]dacaynay[dc][pd20,2!c50!c20!f][iUp14,3,3!Lb14]&pref=G
Current QQQ at 25.80, low on Mon 25.20. So, at most QQQ might drop from 25.80 to 24.80 or so (lower BB) or 4%. However, I expect a move up first and then move down to meet MaxPain yet again next week. IMO key point is that downside appears limited and upside after OpEx is greater till early Jan.
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