What I meant was that they were down almost 50 points on a day that the DOW itself was up 50. To me, purely technical speaking, that's a bad sign. I think the Nasdaq failing today in light of the DOW is a bad sign for the short term. I think next week is gonna be ugly.
Hey, I call it the way I see it. But I doubt we go any lower than last month's low. If the Q's make it to the low $40s, I'd really start thinking about buying back my June Calls. This time though I'm not gonna look at out of the money calls. I'm only going into ITM. Probably this time (if we get to $40ish) I think the June $39s. I think then for sure that would be a 200%+ trade.
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