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


To: JH who wrote (56836)7/19/2000 3:49:07 PM
From: JH  Read Replies (1) | Respond to of 99985
 
Whoops... market's getting slammed !



To: JH who wrote (56836)7/19/2000 6:16:02 PM
From: Joseph Waligore  Read Replies (1) | Respond to of 99985
 
It also seems on the NDX we closed near the trendline from the may low through early july low.



To: JH who wrote (56836)7/20/2000 9:50:51 AM
From: JH  Respond to of 99985
 
<3856 on the NDX corresponds to the 50% retracement level... went long some Jul-3800 calls at $88>

Out of 5 at $126
Out of 5 at $132
Out of 5 at $137

Completely out for a $42-2/3 gain on 15 contracts - great, it worked !