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Strategies & Market Trends : Classic TA Workplace

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To: Jack of All Trades who wrote (125899)	11/8/2005 5:57:01 PM
From: skinowski	Read Replies (2) of 209892

J., I don't look at the QQQQ OI. Q's and their options are to a large extent an institutional playground... and it's simply not always clear whether to fade them - or to play along... -g. The index has been hitting against resistance, and grinding up, in a wedge-like manner... looks ready to pull back. My stops are tight here... the only way I can get hurt is if we get a huge gap up... but that hasn't been the pattern lately.. -g

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