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To: AllansAlias who wrote (34053)3/12/2002 11:11:55 PM
From: The Freep  Read Replies (2) | Respond to of 209892
 
Thanks, Allan. I can see that count now. I suppose it'll be clear if that's still valid -- too much up or too much down too soon and all. It's interesting that tech is once again doing its own thing. Max pain on the cubes is 37 but 38 is nearly the same. That doesn't imply the Naz goes too far in either direction here.

Actually, maybe Shack has it right -- gap up tomorrow then hard down (a C or 3). . . then rally back up by week's end to deal with calls and puts in order? Non tech proved today that it doesn't have to move much with the Naz going south. (It's odd that the Commercials (per the COT) are not really short the NDX, even though it seems to have the most give. Kinda implies that they are expecting rotation, I guess, in time.)

the freep