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To: Zeev Hed who wrote (50765)3/14/2000 5:53:00 PM
From: Land_Lubber  Respond to of 53903
 
Zeev,

Very interesting take on it! Based on the current MU March open interest, I posted on Yahoo this morning predicting an expiration close of $100. But it is also likely that it will get there from below (as per the typical Graybill boomerang -- where is John, by the way?).

I was assuming a resumption of the downtrend after Friday, but your idea of a revisit to $120 is an interesting twist.

It was just incredible to watch today's power-assisted dive. So smooth and controlled. These guys are incredibly good! It is like watching hang-gliders (but more profitable).

Land_Lubber



To: Zeev Hed who wrote (50765)3/14/2000 6:24:00 PM
From: Mike M2  Read Replies (2) | Respond to of 53903
 
Zeev, you could have been one of the most sinister stock manipulators in history -g- Your addendum to the scenario sounds good to me. The players also limit the availability reasonably priced out of the money calls as their squeezing the shorts. They have panicked shorts into paying dearly for calls now is the time to slaughter those calls. nice work Mike



To: Zeev Hed who wrote (50765)3/14/2000 6:54:00 PM
From: Bill/WA  Read Replies (1) | Respond to of 53903
 
Zeev,

Is the conversion 20 out of 30 trading days, or 20 consecutive trading days.
Assume it's the former using your scenario.

Thanks,
Bill/WA