SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : QQQ & DIA - chat & chart -- Ignore unavailable to you. Want to Upgrade?


To: Jon Khymn who wrote (223)12/5/2001 12:38:57 PM
From: Chris McConnel  Respond to of 795
 
Well, things have gotten unboring... finally. That trading range was killing me. The bollinger bands were really starting to pinch, which usually means explosive move, up or down.

Sold a few calls today. Will sell a few more if we work higher. Hopefully we bounce around here like QQQ 40-44. That would be my ideal trading range.

My only concern is that the animal juices are heating up and could really push things like QQQ 47-48. I can just see the little bulbs lighting up in the momentum player heads'. "Party like it's 1999", playing in the background.



To: Jon Khymn who wrote (223)12/5/2001 4:07:12 PM
From: Chris McConnel  Read Replies (1) | Respond to of 795
 
All i can say is: Wow!

Sold a few more calls at 43. Hopefully i can buy them back at 41 in the next coupe of days.

The Trin down at 0.33 last i checked, and maybe signalling short term overbought. The hourly chart looks way overbought with price far exceeding the bollinger band.

BTW: Do you subscribe to thestreet.com