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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: t2 who wrote (58079)4/28/2002 10:53:27 PM
From: mishedlo  Read Replies (1) of 99280
 
NV it is interesting that you mention MSFT 50.
31K puts and 3K calls at 50.

A decisive break of 50 and things could get real ugly.

I expect 50 to be defended very hard.
If it breaks badly look out below.
However, be on the lookout for a small headfake below 50 and a rally back to 52 or so.

M
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