Interesting. To start with, I'd suggest that when you join a community, it might do you some good to learn its history. Of course, it's possible you're the type who would buy a seat in the bleachers at Wrigley and tell everyone there that they're idiots for throwing back opposing home run balls and "that's not the right thing to do." I wouldn't advise it, personally. Just so you know, the mention of the PPT often evokes giggles in these parts. Not cuz of mythical status or anything, but because of the fact that almost every reversal/support hold on every interesting day is attributed to them by someone on some board somewhere. Whether the entity exists or not is moot. How mentioning it helps a trader is germane.
I am not out to bash. I'm out to ask questions when people make an observation about a single data point without mentioning or acknowledging various possibilities. JoaT posted a very interesting chart of when the puts were purchased. That's helpful for us all. Max pain discussions are searchable here, if you want to understand the history. Or you can continue in a vacuum, if you'd like.
If you want to deal with what you specifically said in your first post that I commented on, I'd be happy to parse it with you. I love parsing what folks write, as anyone who's been here with me for years would tell you. Still, I prefer your explanation in this past post, even though it's not, in fact, what you WROTE the first time.
I am also well aware you weren't trying to convince anyone. Nor was my comment saying "you have not convinced me." Perhaps you are the one, in this case, who should've read and thought before you replied? Because if you'd read my other posts today, you'd see one that suggests that indeed today's down was 1/i of 3/iii.
Again, I'd suggest reading more closely. But that's just me. And I'm just a freep. |
