It's all bad. QQQQ should close that gap at 41.92, I would not touch a long until that happens. I profiled all the put support areas and we will visit them. How can the CFO of INTC on December 8 guide to 10.4B in revenue and come in so far off? And then tell us we will only be sub 10B next quarter? You do not do that to the Street and INTC will pay the price. I any case, I hope you picked up some Jan 25 puts to hedge, they should be worth $2 and make the APR 25 calls free. INTC wlll pull out of this, but for now, let the negativity play out.
NQ (NDX futures) at weekly S2 support overnight (1726) so we will see how it plays out tomorrow. YM has collapsed below its weekly S2. It could be ugly tomorrow.
NQ (NDX futures) at weekly S2 support overnight (1726) so we will see how it plays out tomorrow. YM has collapsed below its weekly S2. It could be ugly tomorrow.
This entry was posted
on Tuesday, January 17, 2006 at 7:16 PM.
