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Strategies & Market Trends : JoAT's QQQ System -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (42)3/22/2004 1:05:17 PM
From: jjstingray  Read Replies (1) | Respond to of 942
 
Wow, your system just went short? Lots of people talking about bottoms here. Oh well. I am not playing anything anyway.

Yahoo looks suspect here. The wedge test may be screwed, but it is still early.

stockcharts.com[w,a]ehclyyay[d10][pf][vc60][ilb5!lb14!lh5,5!li10,10!lp14,3,3!lah12,26,9!ll14][J27887453,Y]&pref=G



To: Jack of All Trades who wrote (42)3/23/2004 8:47:00 AM
From: Jack of All Trades  Read Replies (2) | Respond to of 942
 
System Update: Since we are so oversold and the system is short I am looking for fast/hard down to complete the signal.

Therefore, for options trade I am looking at QQQ 34puts .50-.60 and 33s at .30-.35 as buy in prices. Exit prices to be determined, but I am looking for ultimately 32.40 or so on the QQQs.

I will also be only taking 1/2 position to reduce exposure to the oversold condiditon.


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