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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?

To: Gush who wrote (97)5/16/2005 10:48:19 AM
From: Walkingshadow  Respond to of 4814
 
Actually, I hope so too.

I'd like to see another surge of volume down there, that will be a very healthy thing for QQQQ's momentum.

Besides, that would give you a good chance to make a buck or two on your calls!

May expiry is this Friday, right? If so, I think I'd pick June contracts, at least for part of the position.

T



To: Gush who wrote (97)5/16/2005 10:51:40 AM
From: Walkingshadow  Respond to of 4814
 
Calls might be a moot point... I just looked, there's a whole lotta green out there now, and $36 is getting farther and farther away......

QQQQ is now trading just under the HOD at $36.37, but volume is underwhelming.

Still, it's broad-based... all three major indices up about 0.5% at the moment.

T


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