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

To: jjstingray who wrote (31950)	2/21/2002 6:45:07 PM
From: ajtj99	Read Replies (2) \| Respond to of 99280

jj, NDX 1333 will definitely be a support level that should be bought, and probably will. That may be the place to close some puts. NDX 1320 is a more recent level of support, but I've got to believe 1333 is the stronger of the two, as it was hit 3-times as a LOD in October. If we do get a bounce, it shouldn't be too much. I think NDX 1464 could be the limit on any bounce, and probably a good place to re-load for a drop to around NDX 1300, or COMP 1650-1660. I plan on unloading all puts at NDX 1333 or 1335 and re-loading near NDX 1464.