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farooq

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Alias Born 11/26/2001

farooq

Re: None

Tuesday, 10/24/2006 2:19:43 PM

Tuesday, October 24, 2006 2:19:43 PM

Post# of 31925
I went short in morning @ 42.40 with target of 41.90. What board thinks about my position? I am ready to take option position but a bit confused here, 42.60 yesterday was rejected and today it should be tested again, but too many sellers. Do you think buying 42 Puts make sense here? Volume on those puts are so high which suggest that MM will take QQQQ much higher or side way to erode premium; Just thinking loud, any take on that?
Capt. JMJ, You were right on money about OE I was wrong by one day I salute you.
Farooq
I forgot to mention my trailing stop is @ 42.25.


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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