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


To: gfs_1999 who wrote (13706)12/15/2001 6:57:39 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
It all depends how the market will interpret MU's result and CC next Tuesday night. My cycle tops sometime no later than Tuesday around 2:00 PM, not a long cycle (from Friday's low at 1934 to a max at 2011, but I am not sure we even get that high...), I don't see a rally into expiration (except excess volatility Friday). Thinking like LG, brings me to a minor high on Tuesday scaring out some puts in the money, and then a decline into Friday taking out with it as many calls as possible...

Zeev