Zeev's Turnips - No Politics Message Board

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

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To: ajtj99 who wrote (59112)	4/30/2002 6:49:07 PM
From: mishedlo	Read Replies (2) of 99280

Aj - Come on get real - Bull Flag? We had an end of month 1-2 day wonder here. Also took care of Max pain in one shot. Can they prop us up for two more weeks. Oddly enough thy might not have to. QQQ max pain dropped another half notch today to 33 32 34 in that order with not a lot of difference between 33 and 32. Also note that CSCO rallied right to pain then sold off. SEBL has 20K plus puts at strike 25 LOL and rallied 2 points to 25 before pulling back. INTC closing in on Max pain at 30. Nice month end ramp job to make everone happy and get an early max pain rally as well. Look at the Calls building up at QQQ 34. If we can get ther it will be time to go nuclear short for the final leg down. Personally I think QQQ 33 is about as close as we get but who knows. CSCO earnings may alone determine how much silliness there is in chasing this crap at these levels. If this current month call buying continues we will be at max pain right at 32 without da boys having to spend another dime. M

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