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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (23432)5/24/2000 11:54:00 AM
From: Robert Graham  Respond to of 42787
 
Negative premium???? Interesting! :-)

Looking at the charts again, I see a large wedge that can resolve upwards. But if this is to happen, the move down would have to turn into a spike. It is possible with the way it is selling off now. So I would advice to be carefule when the next price target of 1375.50 is reached.

Bob Graham



To: Gersh Avery who wrote (23432)5/24/2000 11:56:00 AM
From: Robert Graham  Read Replies (2) | Respond to of 42787
 
Negative premium???? Interesting! :-)

Looking at the charts again, I see a large wedge that can resolve upwards. But if this is to happen, the move down would have to turn into a spike. It is possible with the way it is selling off now. So I would advice to be carefule when the next price target of 1375.50 is reached.

**Update** 11:57 AM

A test of botom is taking place. Caution is advised on a short position. Even if it continues selling off, this is prone to whipsawing.

**Update** 12:01 AM

Price of about 1380.25 should provide resistance...now testing support a couple minutes later.

**Update** 12:04 AM

To rally or not to rally, that is THE question. LOL We shall see very shortly.

Bob Graham



To: Gersh Avery who wrote (23432)5/24/2000 12:26:00 PM
From: OX  Read Replies (1) | Respond to of 42787
 
>>> June 86 QQQ put

i don't see the neg premiums Gersh.
I even scrolled back on T&S a bit.
are you using the bid quote?