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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (164251)5/7/2002 9:28:11 PM
From: mishedlo  Read Replies (1) of 436258
 
CSCO - Max Pain 15

Never underextimate da boys ability to get to max pain.
Lock limit up two days in a row. If that's what it takes they can deliver.

I did not know if da boys wanted to do it or not.
I am sure they shorted zillions of shares above 15 and covered today all the way up.

Not only will they profit on CSCO max pain, they also profited on the short, covered at the bottom (or at least below their short), and for good measure probably went long at the bottom as well.

Hat's off to da boys for another good show.

I had a max pain rally this month at 50/50 based on FOMC and/or reaction to CSCO.

Rally to QQQ 33 seems likely now, but I doubt it gets any higher than that. I also doubt CSCO's ability to get much above 15 if it even can get there at all (100K calls at 15). But they will use this excuse to pin CSCO to 15 for a while.

INTC will be more interesting.
Can they get that pig to 30?

AMAT could get to 25.

MSFT a very very tough nut to 55.
I doubt it but who knows. MSFT has problems.

M
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