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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?


To: Trumptown who wrote (12977)4/29/2003 10:54:42 AM
From: James C. Mc Gowan  Respond to of 13660
 
My target for QQQ is about 26.50 sometime btw now and expiry, modest objective. However, we could see the selling intensify following this blowoff.

It's almost as hard to fight the option MM's when they decide to take it down, as it is to fight the PPT when they futs ramp it at critical supports.

28 QQQ is the magic number so far, for my monthly play anyway.
James
Edit: tempting to buy for day trade at QQQ 27.4, that was quite a dump