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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: exp who wrote (17199)11/26/2002 2:05:11 PM
From: ajtj99  Read Replies (2) | Respond to of 30712
 
Hey, I'm not going to try to guess where this will be in January. I'm on the lookout for a drop into next week, a re-trace, Max Pain in December, end of year stuff, and January seasonal strength. I'm going to let the indicators tell me where this is going until then. We could get a slightly higher high, a lower high, a double top, or just drop from this week into that period.



To: exp who wrote (17199)11/26/2002 3:27:21 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 30712
 
George: One day at a time for me, George. Targets are not helpful to me at this point. With that said, I agree with you on being mindful of more up here. Closing some shorts here taken after the big white gap up stick. Will hedge tomorrow quite possibly on weakness. Short term, this might be the Thanksgiving flight from terror dip for all I know. Trin 2.08 now supports this thought. I don't like that qqq December 26 put action short term either with 35k going over. Not too much call buying on the other side.