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Technology Stocks : Lucent Technologies (LU)

LU 2.490

-1.2%

Nov 28 12:59 PM EST

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To: Mandeep Bhullar who wrote (2947)	7/4/1998 7:19:00 AM
From: Caroline	Read Replies (1) of 21876

Thank you. I think even Ben will tell you the max-pain theory is overwhelmed by larger forces. I really appreciate the explanation. optionsource.com (Note that "today" changes, so if you read this next month this link will have changed.) LU put open interest is greater than call open interest. Bernie posts this as a "contrarian" indicator. Personally, I don't get it. Many of the put/call stocks go down, and a few go up. As a contrarian indicator it's not revealing much. Regards

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