Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (3163)	3/16/2001 10:45:13 AM
From: Lee Lichterman III	Read Replies (3) of 52237

I was amazed this morning when I opened the option chain on teh QQQ and saw how many had bought calls yesterday. Had I known that, I definitely would have gone the other way. Everyone was buying long yesterday. Maximum Pain has to be down here around 41 and if they are buying again today, it could be lower. The regular Max Pain Sites use all options, I mainly focus on teh ones that are within about 10 strikes and I get different numbers. The only green stocks on my watch list are MSFT, PMCS, QLGC, and SEBL and they aren't up much. Almost everything else is down 4% or more. Geesh, How long have we been short RMBS and now it finally breaks down when I am out of puts. #$&^(*)^^$#^!!!!! Good Luck, Lee

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