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

To: mishedlo who wrote (24997)	1/18/2003 1:27:27 PM
From: Jeffrey S. Lillie	Respond to of 30712

im not sure how we get there but i will be very surprised if we dont go lower at some point on tues. i will be buying that low medium agressively if it comes. should we get there by way of a bounce i may play it short depending on the charts look. heavy artillery comes out later in week assuming we actually do get a bouce to 1050-1060 ndx. j

To: mishedlo who wrote (24997)	1/18/2003 3:12:34 PM
From: exp	Read Replies (2) \| Respond to of 30712

mishedlo, could you explain the statement "delta hedging short kicked in today"?.. do you mean that after qqq went below max pain and many puts came into money the boys shorted the market and bought more puts?.. by the statement "the boys are likely short and would welcome a chance to cover lower" do you mean that now that they are short they would like to see further continuation to the downside to profit more before we have a sustained bounce.. if so, is extra 1-2 days of downside likely?.. mish, i would greatly appreciate your explanation correcting my statements..TIA