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Strategies & Market Trends : Classic TA Workplace
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To: AllansAlias who wrote (46222)7/18/2002 12:48:43 PM
From: UnBelievable  Read Replies (1) of 209892
 
If There Is No They & Max Pain Doesn't Work

Perhaps you could explain what is holding this market up.

The Phil Fed was a disaster:

Index fell to 6.6 from 22.2 Expected was 17.5
Employment Fell to -6.8 from -2

IMHO while we still may make a trip to SPX 896 this afternoon, we have a power rally into the close.

Max Pain

SPX 975
DJX 93
NDX 1100
QQQ 25
MSFT 55
IBM 75
INTC 20
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