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Strategies & Market Trends : BEFRIEND THE TREND Short-term Options Trading Thread
QQQ 623.28+0.7%Nov 5 4:00 PM EST

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To: TraderWithNoName who wrote (3633)6/11/2003 11:11:37 PM
From: TraderWithNoName  Read Replies (1) of 4058
 
OEX: A pretty safe entry point was available today. Price broke
down near the 49 period ema with very oversold Stocs. It was worth a shot. On
the second break Stocs were not as nearly oversold, which might have indicated a
little more strength in the market. Sold out half near the close...held half for
Thursday-which means it will probably open sharply lower in the morning (G).

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