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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (18)10/10/2001 1:52:33 AM
From: mishedlo  Read Replies (2) of 99280
 
Zeev I just looked at Max pain
INTC seems to be between 20 - 22.5
MSFT seems to be around 55
CSCO seems to be between 12.5 and 15

All these stocks, especially MSFT fell hard toward Max pain today.
I also looked at JNPR and EMLX (of course these are peanuts compared to the generals above). Oddly enough, or manipulative enough if you prefer, these stocks have been strong and are or were well below pain not too long ago.

If INTC, MSFT and CSCO are pinned close to these levels, and I believe that is easily possible in this market, that could indicate little up until after expiry. If they break hard above these levels then I think the rally will be stronger. Of course they can rally us now, and sink us into expiry, but it appears sideways to me.

M
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