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

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To: mishedlo who wrote (36458)3/3/2002 5:35:04 PM
From: Justa Werkenstiff  Read Replies (1) of 99280
 
Mish: Appreciate your work on max pain. Yet I will not change my short positions due to max pain. I am a bear in a bear market (IMO) and will stay with the trend. I can catch some of the wiggle ups as I have done in the last two bounces only to lay out my shorts at higher prices.

I am aware of max pain and know it can sometimes work, but it does work all the time as you know. Yet I am aware of it and have given myself a cushion should we get a max pain upward bias.

I am looking at IQuatro and see QQQs at 37 max pain. I know you have a different take and we all appreciate your input.
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