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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (1401)10/24/2001 4:15:25 PM
From: ALTERN8  Read Replies (1) | Respond to of 99280
 
where is this low volume?

finance.yahoo.com^TV.O&d=c&k=c4&t=5d



To: JRI who wrote (1401)10/24/2001 4:55:11 PM
From: ajtj99  Respond to of 99280
 
JRI, I don't think we gap up to 1754 again, since we did that last week. Usually the 15-minute stochastics can give you a clue about what to expect in the early going. I haven't looked at them yet, so I don't know for sure what to expect.

Either way, I'm looking to get QQQ puts at 1750 (or 1436 NDX) and closing them at COMPX 1705 or so, which would be a .382 re-trace of the run from 1628. The reason I'd do it at 1750 is that the time to input the order would probably coincide with 1754. If that transpires, I'll look to get some calls at the low pivot point, wherever that is (looking for 1705).

I closed some QQQ Nov. 34 calls today at 2.90 that I just picked up Monday at 2.05 and 2.15. Those were the same calls I purchased for 1.60 last Thurs and sold for 1.95 Monday, so I missed about .10-.20 on that one.