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Strategies & Market Trends : The Options Box
QQQ 629.07+0.5%Oct 31 5:00 PM EST

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To: hobo who wrote (10150)3/27/2001 10:59:50 AM
From: Cosmo Daisey  Read Replies (2) of 10876
 
Toscano,
""""Indeed, I see the objective of posting information such as the CBOE data is for information purposes and then it is up to the indivdual investor/speculator to interprete as best as one can and use one's own interpretation of the data. Safer for everyone involved."""""""

I disagree, the posting of raw data that can be found by anyone who is interested is a waste of bandwidth without some analysis of how it is used. I may agree or disagree with the views of the poster but I think the people on this thread are savy enough to draw their own conclusions. Posters get challenged all the time when someone disagrees.
I have a lot of respect for Poet and her opinions are important to me but that doesn't mean I would blindly follow them.

I think the market has further downside. Do you want to trade on this information? Probably not.
How about if I say the reason I feel this way is there will be massive fund redemptions for tax selling reasons and the Naz techs will be brutalized because of the employee options exercised and the stock held instead of sold and the holders owe "alternative minimum tax" and their stock is now worth less than the taxes they owe. Further, we are seeing the end of quarter bounce through the end of March and the tax selling begins in April.
Agree or disagree, you now know how I formed my opinion.

cdaisey@pitbull.com
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