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


To: nsumir81 who wrote (21947)1/2/2003 5:57:25 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Normally we hit pain on the Monday or Tuesday of expiration week unless we're in a parabolic drop. We've got a turn date coming up on Jan. 10, and that's the Friday before expiration.

Right now that's looking like it could be a high, but we'll have to wait and see. The channel line that was at 1378 COMP today should be at 1375 tomorrow, so that could provide some support intra-day. We'll see.