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

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To: Jeff who wrote (25326)1/21/2003 7:22:55 PM
From: mishedlo  Read Replies (1) of 30712
 
Jef, I do not know what the catalyst will be but there are nearly 200,000 QQQ puts strike 25 for march and 80,000 for Feb.

At some point I think we are going to snap back huge.
I am leaning toards a March high of some sort, but a lower one. We need more fear and selling first. Plenty of time to take this down in Feb and back up all of March.

I have no idea what that P/C ratio was all about today, but I do not see it in OI.

M
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