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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%4:00 PM EST
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To: HairBall who wrote (67159)1/18/2001 5:24:35 PM
From: Ben Antanaitis  Read Replies (1) of 99985
 
LG,

The 'big dogs' deal in amounts that dwarf anything the folks who might read about Max-Pain™ might affect, so no I don't think Max-Pain has anything to do with the earlier 'unwinding' that appears to be occurring. I think it's the fact that more people became aware, due to TV reporting, the internet, SI, etc, of the BD's unwinding patterns that they have found it more opportune to do it earlier and less 'lock-step' to achieve the best deals.

Ben A.
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