Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: mishedlo who wrote (59385)	4/30/2002 6:55:43 PM
From: heehee1	Respond to of 99280

:-)

To: mishedlo who wrote (59385)	4/30/2002 7:04:22 PM
From: ajtj99	Respond to of 99280

Mish, after looking things over tonight, I'm going to be on the watch for the following: Tomorrow AM we gap over the 1697 level (I don't know what will do that, but I'm going to be vigilant) and run shorts and stops until we get to 1725, then we reverse in short order and close down for the day. The downtrend continues until we get a lower low, possibly around 1600-1620 maybe by Friday. At that time, Max Pain should be 32. We reverse back up for Max Pain, make a lower high at possibly 32.50, and drop into expiration week to 32 QQQ. Max Pain for June is now 35 and dropping, BTW. If we get a gap and run tomorrow AM, I'm getting loaded up with June puts (May's are just a bit too risky for my blood at that level).