Replies to post #76531 on Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

I just got done loading up on puts (DJX, which I really hate, but I see the Dow testing 7197 by March 3).

The falling resistance line off the AM highs was hit on the COMP, NDX, and SPX this hour, but not the Dow. All were re-buffed so far.

We're in a triangle now, which should resolve to the downside based upon the lower high we've just had. The triangle may not break for another hour.

[Babylon]

"Are you sure?" <gg> If so, do you care to take a stab at how red?

[mike_m]

Zeev, is NEM a swing play or just looking for a few pennies?

[sylvester80]

I think you are wrong Zeev. I think we finish nicely up today and QQQ $25 should be back in play for max pain next Friday IMO.