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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 213.43+6.2%Dec 19 9:30 AM EST

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To: wanna_bmw who wrote (80459)5/22/2002 2:42:31 AM
From: Mani1Read Replies (1) of 275872
 
Re <<Does this have anything to do with the so-called "max pain" theory of options? >>

Absolutley. Zeev Hed (http://www.siliconinvestor.com/profile.aspx?userid=1524751) called the top to the exact minute, Wednesday 2:22 PM, several days before it happened. Sure he was lucky, but pretty much everyone was calling the top somewhere between Wednesday and Friday morning.

I positioned myself for that bounce (long EMLX) and then went short (short AMAT) on Wednesday of last week.

Mani
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