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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (46477)4/15/2000 11:54:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 99985
 
Hi Jill

the QQQ can be traded just like any other stock..either shares or options..

i always trade options...with the QQQ at say 80 bucks...the Apr 80's are $5.00...and might be cheaper if we get slammed MON am...and of course very speculative...trading Apr's what with 4 days to go...

or the May 80's, are $8.00

i would buy the calls for a trade...thinking we retrace back up 50% of the second decline from 4000 to 3300 or there abouts...

hope that helps...