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


To: Nicole Bourgault who wrote (46006)8/21/2001 8:37:19 AM
From: ajtj99  Respond to of 56532
 
Actually, Nicole, I don't have any calls right now. I believe the highest we'll go on the NDX is 1560 this week, or just a little under 39. I believe we won't see anything higher than that until October or November.

I'm looking to get some puts around NDX 1550 or 1560 and close them on a possible bounce at NDX 1470.

I believe instead of a crash we may go 1560-1470-1560-1420-1505-1300 on the NDX over the next several weeks.