Technology Stocks & Market Talk With Don Wolanchuk Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 58.08

+4.9%

Jan 15 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: da_cheif™ who wrote (22047)	1/10/2006 10:20:09 AM
From: ajtj99	Read Replies (1) of 207837

Your buddy Ord's volume test of 2328 COMP came in about 20% below the volume at the May 2001 highs. If not surpassed on high volume, it should reflect price back to underlying support. If 2328 is surpassed on low volume, only a ping-pong move (up above 2328 on lower volume, back-test 2328 on 8% lower volume than the break up, up higher on higher volume) could get around the volume situation according to Tim's methods as I understand them. NDX should be bracketed into next Friday by the calls at the 43 strike (1745 NDX) and the puts at the 41 strike (NDX 1665). 1690 NDX (QQQQ 41.63) is currently the sweet spot for Max Pain this month: finance.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next