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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (9023)10/18/2001 12:48:49 AM
From: James F. Hopkins  Read Replies (1) of 19219
 
I hope to play a dip but only if it don't dip too
deep, and I see some real volume as it starts up,

I'm not too sure bulls will rush in very fast after
today..we could ( need to drop ) enough to wipe
a lot more of the in the money calls before she
goes ex, or we will sink to that level next week
as those call buyers don't want the stocks
and the writers are just going to switch
to writing puts and going short and say
say call me mother, I dare you.
-----------------
I haven't updated my Max pain in two days
but we will make it if not this week then the
next one.
The best plays on Max pain are those that
happen after the fact ( the next week )after
Max pain gets breached a lot on exdate.
I sort of doubt taht will be the case this go around.
Jim
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