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


To: ajtj99 who wrote (23143)1/9/2003 12:00:38 PM
From: bruceleroy1_-  Read Replies (1) | Respond to of 30712
 
Shouldn't qqq be hitting some heavy resistance at 27 due to max pain?

qqq jan 27 calls OI - 155,886

qqq jan 27 puts OI - 37,960



To: ajtj99 who wrote (23143)1/9/2003 2:45:34 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 30712
 
the gap has to be defined somehow. if QQQ opens .01 higher than it closed, does that qualify as a gap up? i suspect most would say no. if opens $1 up? i suspect most would say yes. so somewhere between there is a useable number.

if you have one in mind, i am all ears.



To: ajtj99 who wrote (23143)1/9/2003 2:47:42 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 30712
 
possible not all come on white candles

if there is no reliable way to describe the correct context for an evening star, then it is difficult to argue the case for it being a reliable indicator.