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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Nicole Bourgault who wrote (43325)5/21/2001 6:24:22 PM
From: ajtj99  Read Replies (1) | Respond to of 56535
 
Nicole, you may as well wait until the end of the week. With the big move today, we may hit 2388 tomorrow or Wednesday and start a descent back towards 2250 at the least. If we go below 2250, your puts will be back in the money.

Since the move has gone so far beyond 2275, you may as well wait until we get back to 2250 and see what happens.

Just my opinion. I may be joining you on QQQ puts early Wednesday if we hit 2388 on the COMPX.