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Technology Stocks : IBM
IBM 297.59+2.5%Nov 21 3:59 PM EST

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To: Marty who wrote (3920)10/16/1998 12:46:00 PM
From: Ben Antanaitis  Read Replies (1) of 8218
 
Marty,

If you will go to the web site and read the Max-Pain™ calculation method and limitations/warnings that have been observed and noted, perhaps that will explain why there will be times when the theory/hypothesis doesn't apply well.

This month is an earnings release month and a Greenspanning combined. That is a pretty big set of forces for a second order effect to try to overcome.

Ben A.
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