Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (143654)	1/14/2002 5:37:53 PM
From: mishedlo	Read Replies (1) of 436258

A rather impressive drop today towards max pain today on BRCD VRTS BRCM QLGC AMZN QQQ (damn KLAC was a laggard). QCOM rallied towards max pain. Amazing how that works. MSFT and INTC both strong as called. Sideways market = sexy max pain. The question to answer is did the powers that be, hedge here long (so they can rally us on the INTC lie) or is INTC going to be a non-event. Regardless of how we close at expiry (max pain worked to a tee this month IMHO). Ample time for the crooks to have hedged long today if they wanted, after sucking all the premiums out of many of the calls. They can rally MSFT to about 70 and INTC to about 35 and CSCO to about 20, with MSFT and QCOM proving the best opportunity to prop up the index. M

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