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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (51039)	8/22/2002 8:09:23 PM
From: The Freep	Read Replies (1) of 209892

<<and we know what happened last time they were under water going into expiration. >> Up until last week, we also knew what happened last time the QQQs hit max pain early in expiry week (they went down). Up until last week, we knew that the last time we had an equity only put call reading under .4, we sold off immediately. We knew up until yesterday that with the readings folks were getting on oscillators, overboughts, etc. that we would sell off immediately. Of course, we also knew that two days before yesterday. <g> Just food for thought. BTW, 9400 is a day's rally away, so I would frankly be more afraid of being short based on the post you made -- if I had any idea if that particular indicator had any meaning! (I don't know. It's not in my mix). the freep

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