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Strategies & Market Trends : Classic TA Workplace

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To: Clappy who wrote (6972)	7/12/2001 4:28:15 PM
From: UnBelievable	Read Replies (2) of 209892

Friday Will Be Interesting Index options expired at the close of trading tonight, and they were way under Max. Pain when the day started. Even with today's "rally" they still closed under Max. Pain. MSFT did its duty for the greater good today (what was their news anyway? <gg>). Equity options expire at the close tomorrow. MSFT is now above Max. Pain. No reason to show weakness tonight. Plenty of time tomorrow. The futures were pumped all day long, with the Spoo's trading up in program buy territory most of the day. Can't be too many shorts left who still need to cover right now.

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