Can Today Turn Nasty?

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April 24, 2007

Well the gap at 1832 on the NDX looks juicy right now. We got the pop and drop scenario I mentioned late last night. The R2K is down nearly 1%, that would be about 2% for leveraged ETF’s leveraged funds. NDX is performing better down about .25% or .50% for leveraged vehicles.

I didn’t wake up in time to add to my QQQQ put position. ARGH! I have a solution to my problem. Don’t sleep. The puts are up 7% as I write this. Hopefully more by EOD.

Glad someone got something out of CRIS. Its up another 5%+ today making for a 2 day gain of over 19% this morning.


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