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Re: wahz post# 554

Friday, 03/14/2003 12:20:01 PM

Friday, March 14, 2003 12:20:01 PM

Post# of 36151
Good morning wahz, I have gone for 2 walks today plus taken my kids to school because I didn't want to be jerked around by my emotions on all the wiggles. My position though is a little different then yours I see this rally capped near where it was today until they at least give all the calls at the 25 strike one helluva scare, much as they did to the Puts yesterday and early today.
I follow you closely wahz and I weigh each of your opinions carefully against the back drop I am seeing for myself, so keep your views coming.
On your bullish stance and the QQQ's reaching I think a target of 27.80, I can see it happening but not likely until after expiration next week or at least the run will not begin until we touch at least 24.50 below. Now, news could change this but it would need to be big news IMO, OBL capture/killed, peace/Saddam in exile, etc.
Thanks for all you share wahz.
Good trading
steve

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