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To: At_The_Ask who wrote (31604)2/20/2002 10:21:24 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
As one might expect, NDX soundly rejected at the previous low from Feb 8. The battle is joined now. If we are pointed up, we are near the wiggle low here at NDX 1396 +/-. (I mistakenly said 1400 earlier, but I was reading it wrong.)



To: At_The_Ask who wrote (31604)2/20/2002 10:40:15 AM
From: Moominoid  Respond to of 209892
 
We already overlapped your second wave 1 this morning though probably not on an hourly close basis and this may not be the beginning of a new wave anyway....



To: At_The_Ask who wrote (31604)2/20/2002 10:50:06 AM
From: AllansAlias  Respond to of 209892
 
QQQ p/c by volume for $30-$40 strikes running at .95 this morning. Lot's of folks looking down.

Lifted hedge against Rydex long. Will put it on again if today's low does not hold.


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