P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: Rich1 who wrote (10458)	10/12/2002 12:41:37 PM
From: Mike M	Read Replies (3) of 30712

<<Carp had the 16th through 18th as a low I believe. But they do the cycles what 6 months a year in advance. He had yesterday as the turn even though originally he had 10th/11th as a high..>> Remains to be seen if he was wrong. Yesterday may well have been a high(looked a lot like a topping action at 1220)....Options expiration doesn't have to be a ramp either. OE is an "adjustment". The last two days added "fluff" to calls, only stands to reason that the next three may "suck the fluff" back out... The big boys aren't going to let anyone get comfortable with their game plan. My guess is we correct to 16th or so...see another little bump and then the next week we find out what the market really has in store... Jeff is looking for a fall off the cliff and Zeev is looking for an explosion up... One of them could be right... :o)

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