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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Earlie who wrote (181236)	7/19/2002 12:50:18 AM
From: mishedlo	Read Replies (1) of 436258

Max Pain a clear victory for da crooks. To the penny these hit sometime today. QQQ 25 INTC 20 CSCO 15 IBM 75 (reasonably close). Want a rally explanation. Look no further that 40K puts at strike 70 and max pain of 75. Amazing huh! MSFT is the one to miss this Q (but 53.5 with pain at 55 is not too bad). I still call that a miss but could easily call it a marginal hit. Dont want to get too liberal with my intrepretaions of victory lest people stop believeing me when I say this shit usually works. Since Last Nov QQQ has hit every month but one. INTC has hit every month but 2. CSCO has hit every month but one. MSFT has missed a few times I think. at 53+ the other day it came reasonably close. BTW I call a win if max pain hits ANY time during expiry week, not just the close. Dont normally track IBM too closelty but there's your rally. Historically I do not believe IBM has traced well lately. But this month it did. M

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