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Technology Stocks : KEMET Corp.

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To: techtonicbull who wrote (177)7/18/2000 1:34:38 PM
From: SJS  Read Replies (1) of 906
 
Tech,

glad your theory ISN'T holding up today. What a pleasant surprise that we're now green (+1/16) on 1.2 million shares.

This seems to be ST hope/despair kind of stock!! <G>

Steve

PS: There is a disparity between OI on the puts and calls for July at 30. If this stock is going higher, the max pain point theory would lead me to believe that the stock should close OVER 30 to give max pain to the call writers.

I would take it as a good sign if we move towards 30 and attempt to challenge it so as to keep the writers and buyers at 30 on edge until Friday.
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