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

To: mishedlo who wrote (11607)12/8/2001 11:11:59 AM
From: sq39  Read Replies (1) | Respond to of 99280
 
mishedlo,

could you explain to a dummy what 'delta hedging
the other way' means. it's the delta word i do
not understand. tia.

p.s. if it gets to 35 i am going to start believing
in a benign god



To: mishedlo who wrote (11607)12/8/2001 4:08:06 PM
From: ajtj99  Respond to of 99280
 
Mish, I agree that QQQ 37.50 is very strong support, and I do not believe it is likely to be breached this month.

QQQ 37.50 is around COMPX 1840. 35.50 is around COMPX 1754.
Those are pretty important levels, and they also have unfilled gaps.

Tomorrow I think QQQ 40.83 or 40.90 may be a place where a bounce occurs.


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