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

To: Connor26 who wrote (21706)8/1/2002 11:31:34 AM
From: Susan G  Read Replies (1) | Respond to of 26752
 
that's what I'm trading!! The index that the QQQ trades off and is based on, the charts are identical.

No way, I'm short it again. It's breaking down out of week long wedge off the lows, long way to go if this wedge fullfills. Like a retest of NDX 900 minimum.

when you see me go long the futs, (or cover and stand aside) that's the same as going long the QQQ, then do it : )

I think if we retest the 24th low it's a higher low - HOPEFULLY, otherwise watch out if those lows go. YEOW.



To: Connor26 who wrote (21706)8/1/2002 11:51:55 AM
From: thrasher_si  Read Replies (2) | Respond to of 26752
 
Hi Connor - I trade QQQ options just about exclusively these days. Have been long in puts (in other words, short on QQQ) since the 30th; just took partial profits when QQQ sank to half-fill of the gap near 22.90 (just me being cautious).

I'll consider "re-shorting" (re-putting?? ggg) any significant bounce but at the moment am not even slightly considering QQQ long. I might start buying some calls when we get near 22, but only as a hedge.

Thrash


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