Zeev's Turnips - No Politics Message Board

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

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To: Steve Lee who wrote (55268)	4/23/2002 8:53:38 PM
From: mishedlo	Read Replies (1) of 99280

Steve 2 weeks is a little silly IMO. I have much tighter restrictions on what I call a Max Pain victory. Max pain hits tuesday thru Friday of expiry week. Wed is often a reversal day. I believe QQQ INTC MSFT CSCO have all hit max pain for about 5 months in a row with this definition. Maybe a miss on 2-3 components total in that time out of 20 (5 * 4). The actual definition is close on friday. In practice we have turned on precicely WED in 2 months of these 5 I believe. With no time premium left on anything, it is easy to reverse on Wed if they want. M

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