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To: Stockdoctor who wrote (5623)	11/14/2002 10:27:29 PM
From: mishedlo	of 10157

Stockdoctor, what SHOULD happen in theory does not always happen in practice. In theory DELL should close just under 27.5 Not gonna happen. QQQ and CSCO fell to max pain and bounced. Once QQQ hit max pain, I believe all other bets were off. It was free to fall rise or whatever but max pain was hit (once again) but it was not pretty. No doubt Augie who is charting this will see max pain as a failure since it missed bt .20 or whatever but it sure got close enough. When 25 was crossed back up, that was another warning sign and should have been heeded. TRINQ at .35 was another warning sign that a delta hedge bounce long was about to happen. I doubt 26 holds tomorrow but I do not see a serious pullback. Hedge funds are in total control of this market, pushing it around at will. The bigger ones win. That is what is happening now IMO. Not sure I want to mess with tech until this calms down. M

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