BEFRIEND THE TREND Short-term Options Trading Thread Message Board

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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: Bridge Player who wrote (3789)	7/3/2003 3:54:13 PM
From: Ken Adams	of 4058

In the past, once 85% was hit, the market wasted no time in retreating. Looks a little different this time though. As I posted earlier, I made some very nice cash this week with 2 different EBAY call positions. At the same time, I lost too much with a handful of BRCM puts I tried. If earnings start showing up in a positive way, we may just see this highly overbought condition prolonged. Watch the charts and don't commit too early. My advice to me.

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