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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (73575)8/16/2006 12:30:42 PM
From: Real Man  Read Replies (1) of 94695
 
Since it's expiration, I'm using the amount of calls in
the money vs puts in the money
finance.yahoo.com
The difference is enormous. So, we'll have to drop into Friday,
given that 1290-1292 is resistance, but who knows -g- The
call holders should start cashing in soon, or else exercise and
get long. They may not have enough $ for that -g-.
The MM should drive prices down as well into Friday.
I used 7/3 1280.38 cash
7/18 1224.54 cash
It may need to be corrected, and does not seem to be on
a sell yet.
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