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Post# of 704041
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Justa Werkenstiff

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Justa Werkenstiff

Re: Zeev Hed post# 323252

Tuesday, 11/16/2004 6:02:37 PM

Tuesday, November 16, 2004 6:02:37 PM

Post# of 704041
Z: Re: " I think they have a chance of bringing the QQQ to the $37 area before expiry, obviating the need for delta hedging."

The last time the QQQ closed about $37 the composite was at 1978. So, you need a 100 point or so drop in three days in the composite. How do you figure that is going to happen?
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