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farooq

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farooq

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Thursday, 09/28/2006 2:50:16 PM

Thursday, September 28, 2006 2:50:16 PM

Post# of 31925
Toady's magic number is 40.36 if we close below it then trend has been changed, we are not going down because a big cushion of puts is there. Today so far total of 46500 puts (39,40,41) have been traded for 9700 (39,40,41) calls. Tomorrow there can be another attempt on 41 and then we will come down to 40.15 there is 15 % chance we can reach on lower level today. There is strong buying in 40.40 areas.
JMHOP

Farooq

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

http://investorshub.advfn.com/boards/board.asp?board_id=4514

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