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Torqputty

09/29/11 3:57 PM

#932 RE: northam43 #930

re; northam43 daily projected low

heres my take; using your projected low 1128.27,

the SPX hourly stoch is oversold and price is moving towards support but not towards the lower channel

- the COMPs stoch is oversold and price is at the lower channel. usually means buy QQQ (go long)

The unknown for me is how much put/call (real time) will effect price to downside

I have no recommendation and have made no bets; but if I did - I would long QQQ for a quick ride up.