Going long 100K QQQ's tommorow

Discussion in 'Trading' started by newestmember, Mar 15, 2004.

  1. ElCubano

    ElCubano


    Chances are you didnt follow this and got shaken out....what say you???
     
    #41     Mar 16, 2004
  2. saxon

    saxon

    Hmm...let me see...

    $100K...divided by 1410...divided by 20...

    That's about 3 1/2 NQ's.

    (yawn...)
     
    #42     Mar 16, 2004
  3. abogdan

    abogdan

    I'm going LONG QQQ with $100,000,000 tomorrow! :D
     
    #43     Mar 16, 2004
  4. Me too, don't jump in front, I'm on a budget. I'm serious!:D
     
    #44     Mar 16, 2004
  5. tdoc

    tdoc


    Sorry for the late reply. Here's the link, but you have to be a "Real Money" subscriber: http://www.thestreet.com/p/_tscs/rmoney/jamesjcramer/10148766.html.

    I don't think I can reprint it, or I could get sued! The gist of the article is that many of the largest stocks, the ones that move the market, are pinned around strike prices and manipulated there by institutions and hedge funds. I'm sure he's right, as options volume increases every year, and options are taking on an ever increasing role in market behavior (just as program trading is). You really can't play a large cap stock during options week without at least being aware of this phenomenon. Cramer gives 20 or so examples.
     
    #45     Mar 16, 2004
  6. Well did you went long 100K QQQ's and what happened!:cool:
     
    #46     Mar 17, 2004
  7. MR.NBBO

    MR.NBBO

    HA......Just from your posts.........I'd bet 100k QQQ short against ya. WANNA FILL?
     
    #47     Mar 17, 2004