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To: Sonki who wrote (25043)1/3/2000 12:53:00 AM
From: Brian Malloy  Respond to of 27012
 
I have some Jan 145 QQQ puts bot when it was around 165 so they should expire worthless at this point, which is fine.

Given the action in Asia overnight, the nonevent status of Y2K glitches and the unwinding of Future hedge positions overnight I can only consider the 5:1 P/C ration as bullish.

If little guys start selling at the opening bell then big guys throw down buy programs between 1000-1030.

By Friday if not earlier NDX will be higher.
Wireless and B2B will see strong + money flow

IMHO