THE BRICK WALL (the 50 or 100 ma) SNDK, the stock (our 80 puts in the money now) and QLGC, the stock (55 puts not in the money yet but already profitable) have both HIT BRICK walls of resistance and the puts/shorts are soaring. QLGC near the 100 ma, and SNDK a mini double top at the 50. (We are holding the 80 puts called yesterday early in the session) Without that brick wall you might be buying high and selling low. We ALWAYS wait for 10:00 for our first trade of the day. ONE EXCEPTION IS THE GAP "N SNAP: APCC but we are well versed beforehand as to what to expect in these very special plays. (i.e an entry at the 5-minute high and hold through the first spike high usually about 10:00) then you can do what you want.
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