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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (21385)7/29/2002 2:32:25 PM
From: Jorj X Mckie  Respond to of 26752
 
I bought a few SPX puts today....I saw SPX 900 as being the top of the rally (20dma), but I am getting a bearish RSI divergence on the 10min, so I don't think we get there.

I think that many people did forget about April 14 2000.



To: Susan G who wrote (21385)7/29/2002 2:48:57 PM
From: the options strategist  Read Replies (2) | Respond to of 26752
 
Susan, Jorj, et. does vol still count in this kind of move when trying to "read" the charts? Fri and today's vol is low but i'm not sure if this is as important as the psychology. Thanks for your committed posting that I'm just recently discovering.



To: Susan G who wrote (21385)7/29/2002 2:59:25 PM
From: KevinThompson  Read Replies (1) | Respond to of 26752
 
NQ trying to break 20ema/5min