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Strategies & Market Trends : Playing the QQQQ with Terry and friends.

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From: Gush	11/5/2005 7:42:28 PM
	Read Replies (2) of 4814

New Thread Ticker "C M E BABY" ROLL! CME has taken off like a rocket past 2 months. And I'd like to play CME PUTS..... And to be honest I bought some puts yesterday.. Just a little mula from the VEGAS(ROLL THE DICE ) FUND. Anyone have any thoughts on it? It is one of the most unpredictable option plays... But mucho dinero can be made with it if you call the right direction. GU$H Observations: Up over 80 points in less than one month(relative weakness now exists). Volume is drying up while price continues to rise significantly.. Normally an indication of specialist price manipulation. Hasn't consolidated since recent ramp. Anythoughts on the MACD? Last time in this range it took a hit. 139.142.147.218 I don't have a lot of experience playing stocks on the SHORT side.... But I love CME, and it looks primed or nearly primed for a pull back. And I would love to be there for the ride :~) Any takers?, GU$H

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