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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: mishedlo who wrote (55102)4/23/2002 4:44:53 PM
From: ajtj99  Read Replies (2) of 99280
 
Mish, I think you may have it backwards. Things are setting up for a low this week Friday or early next week, a rise, a re-test of the low, and then a rally into May max pain. After May Max Pain at 34.50 or 35, they will take it down hard to delta hedge against June. They need to get to 30 or so by June expiration, and I think we hit 28 QQQ the week after that.

That's based upon P&F, cycles, and other junk.
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