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

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To: sylvester80 who wrote (48067)4/7/2002 12:51:11 PM
From: mishedlo  Read Replies (3) of 99280
 
Sylvestor as one who plays the market both ways I know I can get a more or less unbiased answer out of you.

Hope you have been following my recent posts on Max pain and the like, but what do you make of a scenario that suggests hard down here thru perhaps Memorial day and a huge rally in june (just like 2000 if recollection serves).

I see no impetus for any rally soon, and action sure looks like distribution not accumulation to me. Also noted was lots of forward optiomism in April/May and pessimism in June (based on option positions).

M
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