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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: donald sew who wrote (8279)	3/16/1999 8:34:00 PM
From: Lee Lichterman III	Read Replies (2) of 99985

Don, I don't know about the historical accuracy etc and especially the that site's accuracy since I often come up with different numbers than he does. As of today's close using the old paper and pencil technique, I have the Max Pain point around 645 at first glance. 635 to 650 is the buffer area according to my read. Anything below 635 and the weighting shifts dramatically to the put side by about 5000 contracts. BWTHDIK, Lee

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