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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (32623)8/29/2000 4:50:57 PM
From: Peace  Respond to of 50167
 
Thanks for the reply. GZ going nuts !!! <g> Actually I bought some QQQ puts today to hedge my long positions, but I am amazed that the market didnt pullback more. This market is refusing to go down. Signs of things to come ? <g> I plan on closing out the puts by thursday.



To: GROUND ZERO™ who wrote (32623)8/29/2000 5:38:30 PM
From: Chip McVickar  Read Replies (1) | Respond to of 50167
 
GZ,

There's a subtle divergence on the 240 charts using the RSI 5day and the ROChange 21day.

However the OBVolume looks good.

I'd quess you'd get out of that position if the 240 chart doesn't take out that old high near 17 July..?

Good Luck Doc..!

Chip


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