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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (82018)10/15/2008 10:50:28 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
If the q-s drop back to Friday lows today, I'll like the odds
for 32 QQQQ expiring calls. If not, then no. <G>

Yo, and if the markets DON'T rally after dropping to the
lows again, I am afraid, we should expect a meltdown...
It's gonna be whippy out there. In general, this does not look
very good.



To: GROUND ZERO™ who wrote (82018)10/15/2008 12:39:05 PM
From: stockycd  Read Replies (1) | Respond to of 94695
 
From my experience in trading futures on a five minute chart, whenever there is a strong drop, the "retest" is usually a slower drift down and may or maynot actually hit the low that was put in. Usually the "retest" price is somewhere within the bottom third of the reversal stick.

Cd


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