InvestorsHub Logo
Followers 305
Posts 46029
Boards Moderated 1
Alias Born 08/27/2001

Re: None

Wednesday, 03/05/2003 9:46:44 AM

Wednesday, March 05, 2003 9:46:44 AM

Post# of 13554
I'll still be holding my puts after this anticipated morning local low. I don't believe we'll see more than a .382 re-trace of the drop since Monday, which would be around NDX 990-993, depending on where this drop stops (970-972 is my ideal range for a local low. I want to see that 973 pivot low taken out).

With options, it's not usually very profitable to try to re-position on such a small bounce.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.