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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (70462)	4/4/2003 4:12:38 PM
From: The Freep	Read Replies (1) of 209892

Allan -- it will be interesting to see QQQ open interest after today. I show volume of over 100K on the QQQ 27 calls today (where calls outnumbered puts 244K to 56K). If that move is a big reduction in open interest, it would be exceedingly bullish, I'd think. Also a lot of activity on the 25 and 26 puts. Adding? Dunno. On the flip side, I know you're not a candle guy... but do you have any take on the patterns in the NDX or SOX? Don't look bullish. Ya, I know... a 3 don't care candles. Rock on, the freep

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