<<what happen to "CODE BLACK" ?? they killed the shorts last few days>>
First kill the shorts and then will pulverize the longs, especially the leveraged ones, is my guess, and timing cannot be known, and so LEAP Puts 2006 is a good idea, is my wager.
I am thinking, 'do I terribly mind if THEY manage to ramp the QQQ to 50?', and I say 'not really'.
The current situation is no different than getting into non-USD currency in early 2002, when the news about Euro-territory was all bad and the fantasy about USD-space was all wonderful.
So, CODE BLACK is still on, only BLACKER still, I suggest, patience for a considerable period, because the Market is setting the scene for another killing, of the bulls achamchen.com .
J |