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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: mishedlo who wrote (203417)11/7/2002 11:37:43 PM
From: mishedlo   of 436258
 
CSCO pain appears to have changed today.
Very close between 10 and 12.5
IQuato has it at 12.5
Dumb bears piled on with puts.
Calls still way outnumber puts at 12.5
Normally when this happens it is resolved to the lower target.

My read now would no longer be 10 but something like 12 or 11.75. Bear in mind if things get ugly, with QQQ and given there is little difference between 10 and 12.5 it could drop much further but it could also stall right here. All of this assumes that I am correct in the first place about dropping to max pain. I believe I am but we will see.
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