Intraday update: QQQQ 42 puts should target 41.30 as an exit. Gap close is 41.25 which is also 20 day ema. 41.35, 20 dma is also valid. Conservative trades should exit at 41.50, gap open. The more adventurous can hold until 40.95, but be aware of massive put support at 41.
This entry was posted
on Wednesday, December 07, 2005 at 8:20 AM.
