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


To: stock2005 who wrote (3108)11/6/2005 1:17:18 AM
From: Gush  Read Replies (1) | Respond to of 4814
 
I appreciate your opinion.

I am not comfortable going long now despite the bullish week. I believe they will get a rally started, I just need confirmation as to when.. Is it now? Maybe.. Is it later this month? MAYBE... The gap doesn't concern me that much.. The volume does.

Many of the indexes have moved up on insignificant volume which is a very bearish sign of weakness.

Now CME is a pure VEGAS PLAY..... But that is showing signs of diminishing volume.. That is my main reason for buying CME PUTS.... And IZ just rolling the dice.. Every now and then I take a small amount of profits and roll the DICE BABY!