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Strategies & Market Trends : Classic TA Workplace
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To: ajtj99 who wrote (44943)7/10/2002 9:09:37 AM
From: GraceZ   of 209892
 
Yeah, but it only works because both the stock price and max pain converge on each other. If you look at max pain a few weeks in advance it has little predictive value, yet on the day of expiry magically the max pain number and the stock price match, but then the max pain number is different then it was weeks earlier.
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