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

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To: ajtj99 who wrote (26144)1/25/2003 12:17:57 PM
From: Jeffrey S. Lillie  Read Replies (3) of 30712
 
hey aj,
heres my take on next week FWIW.

there will be NO lower bb hit on ndx once again. it will go possibly as low as 975-990 on tues after a bounce on monday to a max area of about 1020-1025. tues should be a great day to hold puts as i am expecting a drop from 1020-1025 intraday high on mon to 975-990 on tues close. wed will start a run to a high no higher than 1030-1040 by trs/fri. this will be load the boat with put time as the following week WILL slam the lower BB and start pushing it down.
all text above based on my con call with Mrs Cleo (ggg)
j
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