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

To: Rock_nj who wrote (61559)5/3/2002 5:53:26 PM
From: mishedlo  Read Replies (2) | Respond to of 99280
 
If CSCO sparks a rally I will give you my targets.

QQQ 32.8
MSFT 54.4
INTC 29.7
CSCO 14.7

If CSCO sparks a selloff - look out below ON EVERYTHING

The above figures based on max pain
There quite simply is no floor IMHO, from an options perspective, if CSCO bad news takes the market lower.

The beauty of this mess is that options will be extremely cheap, if we start to rally on CSCO.

Rally wil be short lived, but those are more or less my targets at the close if CSCO does indeed spark a rally.

I do not have downside targets if it does not.
(Just buy EXPE and be happy - everyone else seems to be)
ggg

M



To: Rock_nj who wrote (61559)5/3/2002 6:03:16 PM
From: jjstingray  Read Replies (2) | Respond to of 99280
 
Probably long enough to get us to Max Pain. Then a selloff after expiration. When does Cisco lie, oops I mean report.



To: Rock_nj who wrote (61559)5/3/2002 8:56:36 PM
From: orkrious  Read Replies (1) | Respond to of 99280
 
I believe that's what we're in for next week, a rebound.

Any rebound will be a gift from the trading gods to establish additional semiconductor shorts.


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