This is not February 2007 or April 2006. OEX held 670, a key test and the COMP is now back above 2500. Option players are pinning QQQQ 45, as discussed earlier this week. If you bought the NQ gap close at 1832, you are doing fine, although don't expect miracles. Stops should be moved up to 1835 or profits booked and flat for the day. SMH (semi-conductors) are in the green and that is a relief for bulls.
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on Thursday, April 19, 2007 at 4/19/2007 10:27:00 AM.
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