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Strategies & Market Trends : Steve's Channelling Thread
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To: Mike M who wrote (17925)6/14/2001 1:06:11 PM
From: Zeev Hed  Read Replies (3) of 30051
 
Mike, so, you read my mind, eh? I have stated all along that I expected a breach of 2078, but a bounce from 2050 before expiration, now, I am waiting patiently for that bounce. "Me think" the powers are hoping for all the calls to be sold in fear of further losses, and then tomorrow (or later today) they'll pump it to get rid cheaply of all the puts that right now might be "in the money". As LG taught me, "think like a criminal". (g).

Zeev
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