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Strategies & Market Trends : Classic TA Workplace
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To: venividivici who wrote (134384)7/15/2006 12:25:03 PM
From: wave3rules  Read Replies (1) of 209892
 
I think it was on this board that someone noted the 258,000 QQQQ July 37 puts that traded Thursday, now there was a expanded put ratio. Friday we had about equal for puts and calls.

I am looking for one more leg lower on Monday then correction. Very short the Qs and have some of those high volume QQQQ July 37P along with SPY July 125P

One item I am watching closely to short is the XAU, has really under performed gold and I expect gold very near the end counter trend bounce.
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