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


To: ajtj99 who wrote (43731)5/31/2001 3:21:52 PM
From: HandsOn  Read Replies (1) | Respond to of 56535
 
Takeover rumor at JAGfn re BLS taking out WCOM at 31 fwiw. Probably BS but could cause a short term pop from here.



To: ajtj99 who wrote (43731)5/31/2001 5:01:34 PM
From: furrfu  Read Replies (1) | Respond to of 56535
 
Remember, June options expire 2-weeks from tomorrow (3rd Friday of the month). I know, and that's the thing that has me scratching my head. If I look at the daily chart it takes me to the close of the 13th/open of the 14th, so I looked at the weekly, and it leads me to the week of the 10th. The hourly chart says 15:30 on the 12th (Holding my sides and LOL).

The point is still that it calls the entire analysis into question and so I'm off to check my assumptions. Of course there's nothing like hitting new lows two weeks before the Fed meeting to insure a healthy rate cut, right? ;-D

Doug