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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (41616)7/12/1999 7:24:00 PM
From: Benkea  Respond to of 94695
 
Lucretius:

"LOL!! you have got to be kidding?"

No I am not. These type rumors get started on the Friday or Monday prior to expiry all the time. Sometimes it is individual stocks (was real convenient in bringing INTC down from $61 ish to max pain $55! in June) and sometimes they are aimed at the entire market. We all know that the P/C ratio is out of wak and it would be very advantageous to many to have the market come back more toward max pain.