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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: jjstingray who wrote (57043)4/26/2002 12:34:52 PM
From: mishedlo   of 99280
 
Max Pain has already drifted down over a buck.
It was a solid 35 and now it is 34 with 33 and 35 close tossups.

No Max Pain reason for rally.
The only way we can be drifting down is
1) People buying calls all the way down
2) People taking profits on Puts on the way down

I suspect it will drift to 33.

M
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