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To: The Freep who wrote (78583)8/6/2003 8:02:19 PM
From: yard_man  Respond to of 209892
 
>>A quick scan around sees everyone expecting the Naz to rebound tomorrow (self included), most after some down<<

I bought QQQ puts -- trust me -- rebound == done deal.



To: The Freep who wrote (78583)8/6/2003 8:21:24 PM
From: ajtj99  Respond to of 209892
 
Actually, the more I look at this it looks like another a-b-c down off the 1298 NDX high as well as other charts.

The question is, how much of this drop do we re-trace?

If I understand things correctly, we need to have another a-b-c up after this low before we can start any real downward impulse.