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Re: [RT] sp500/nasdaq



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Ira,  your attachments once again are unreadable?

----- Original Message -----
From: "Ira Tunik" <irat@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, October 11, 2001 10:41 PM
Subject: Re: [RT] sp500/nasdaq


> The question is will the die hard bears run for cover over the week
> end?  No pun intended.  Will the bulls want to carry stock over the week
> end?  Did the hedge funds lose enough trying to short this rally to back
> off for a while?  Could all those puts be protecting long stock? So many
> questions, so little time.  The nice thing about the market is that
> there are always two trades to look at one upside and one downside.  It
> is just a matter of which entry price is hit first.  Have a good week
> end.  Ira.
>
> profitok wrote:
>
> > Good EveningHope everyone had a great trade today,,As for tomorrow,,
> > Most probably the NASDAQ will take a break  and  will not let the SP
> > go forward muchThe 10 day trin on NASDAQ is at a 34 day hi and the p/c
> > very  bearish,,However,,this is just a temporary pull backI see NASDAQ
> > at least 6-8% higher from today's close.the sp500  is about the same
> > story,,Vix is at a  34 day low and p/c is  showing institutions loaded
> > up on puts today..this is ALSO  just a temporary pull back (1084.8 Dec
> > futures),,and then up to the races  ,,Objective is   1160-1170Be
> > carefulBen
> >
> >
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> >
> >
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>


----------------------------------------------------------------------------
----


> The question is will the die hard bears run for cover over the week end?
No pun intended.  Will the bulls want to carry stock over the week end?  Did
the hedge funds lose enough trying to short this rally to back off for a
while?  Could all those puts be protecting long stock? So many questions, so
little time.  The nice thing about the market is that there are always two
trades to look at one upside and one downside.  It is just a matter of which
entry price is hit first.  Have a good week end.  Ira.
> profitok wrote:
>
>   Good EveningHope everyone had a great trade today,,As for tomorrow,,
Most probably the NASDAQ will take a break  and  will not let the SP go
forward muchThe 10 day trin on NASDAQ is at a 34 day hi and the p/c very
bearish,,However,,this is just a temporary pull backI see NASDAQ at least
6-8% higher from today's close.the sp500  is about the same story,,Vix is at
a  34 day low and p/c is  showing institutions loaded up on puts today..this
is ALSO  just a temporary pull back (1084.8 Dec futures),,and then up to the
races  ,,Objective is   1160-1170Be carefulBen
>
>
>   To unsubscribe from this group, send an email to:
>   realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
>   Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
>
>


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