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


To: Walkingshadow who wrote (630)6/4/2005 11:08:17 PM
From: Gush  Read Replies (2) | Respond to of 4814
 
Brutha...

What was all that rambling about? :~)

All I'm interested in talking about it how high you think UNH will go in the next week!

I have already made 120% my investment(If I cash out now). I will sell the contracts this week. They expire the week after that.

Typically, based on chart history of UNH, the stock goes up 4 points after expansion of the BB's and that is what I'm trying to predict. And that historically happens within 2 weeks of expansion.
So all I'm trying to do is get some T/A from ya on how you think it will trade this week.

My thought is 2 points is possible; 1 point is high probable.
However, UNH really exploded fast this time around(outside the BB's 2 days in a row), and I'm trying to figure out how that will play out this week. And how it may play out differently based on chart history.

Peace buddy.

GUSH