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Strategies & Market Trends : Galapagos Islands
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To: Oral Roberts who wrote (17027)12/16/2002 8:04:53 PM
From: Jorj X Mckie  Read Replies (2) of 57110
 
I think that this is just more opex bullshit. NDX maxpain is 1025. We took that out cleanly today. QQQ maxpain is 25, so we can head back down. And SPX maxpain is 900, which you have already suggested would be a good oscillation point to wipe out prems.

I think that the fed minutes from last week will get more attention starting next week. And the 50beep cut hasn't had a chance to really work its way through the system, so I am not expecting robust econ numbers.
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