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To: SwampDogg who wrote (92994)3/10/2004 5:27:07 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
There is a bearish set-up for sure, but judging from the O/I on the QQQ March and April options, there is not as much disbelief in a fall as you might think.



To: SwampDogg who wrote (92994)3/10/2004 5:33:43 PM
From: jjstingray  Read Replies (1) | Respond to of 209892
 
Fuddle, I will agree with you that the selling has been quite strong. But, let's keep in perspective what is happening in the bigger picture. We have had a hell of a run. Even all the talking heads on CNBC were talking of a 5% correction. This will get bought.

My chart that I keep bringing out. We are correcting for some larger up in the near future.

stockcharts.com[w,a]whclyyay[de][pf][vc60][ilb5!lb14!lh5,5!li10,10!lp14,3,3!lah12,26,9!ll14][j21556923,y]&listNum=1