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Options Expiry This Friday
#1

During the Dec expiry, SP of NQ was between $11 and $12. A month later we are looking at $14 - $15. This is constructive. Feb's expiry could see $17-18. Patience is the key. No negative news have ever come out from the company since MW's hit job back in late Oct. The only things that have casued the down draft were numerous coordinated SA articles and CB's interviews on TV. The company has been doing a lot of things behind the scene and I think the company will be putting out more news soon!

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#2

Looks like $15- $16 by Friday's close due to options. Hope to have $16- $17. We will see.

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#3

Below $16 or above $16 by EOD?  Are the longs strong enough to push it through in late afternoon to set up a run on Monday am? Very interesting....

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#4

'Mountainbiker' pid='36294' datel Wrote:

Below $16 or above $16 by EOD?  Are the longs strong enough to push it through in late afternoon to set up a run on Monday am? Very interesting....

Seems like NQ  is just holding water until the final hour of trading comes today. Should produce some fireworks as shorts try to defend $16 again. Have a good weekend all!

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#5
FYI trading resumes on Tuesday (MLK Day).
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#6

$15.50 should do it. Next week will be interesting.

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