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ajtj99

12/16/04 2:41 PM

#38449 RE: jrintl #38448

NDX LOD tagged the daily 13-EMA at 1605 NDX. The 20-EMA is at 1593 currently on the daily. That might be the destination on this drop, but I don't think they'll put those QQQQ 40 calls in the money for expiration.

http://stockcharts.com/def/servlet/SC.web?c=$NDX,uu[h,a]daclyiay[pc9!c13!c20!d20,2!h.02,.20!c50!c100...

Cloes on the lows hit earlier, FWIW.