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Post# of 79025
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farooq

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farooq

Re: gloe post# 38425

Wednesday, 01/17/2007 12:23:27 PM

Wednesday, January 17, 2007 12:23:27 PM

Post# of 79025
Gloe,
Are you basing that on CCI 12 or some other indicators?
Thanks for sharing.
Today when QQQQ was 45.15 a big block of 10000 Jan 43 calls was bought @ 2.30 , at the time Bid was 2.15 and ask was 2.20, based on my previous observation in next 32 hours we will dip below 45 and on EXP will be around 45. Although there is block of 40000 puts sold @ 0.30 and after that we Jumped to new range. I will be a bit surprise if we close on Friday below 44.
One more thing we will go to 45.40 before coming down. NERS do not need that It will put me in right direction when that will happen.
Thanks for NERS.

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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