SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Petz who wrote (98861)3/17/2000 7:28:00 PM
From: eplace  Respond to of 1571040
 
Petz..re:(BTW, Paul is standing on the right hand side of the chart trying to tilt it to the left, because he lost his marbles and wants them back.)

This has nothing to do with what I was going to write, but I had a good laugh on that quote and couldn't resist. Once again, just wanted to say that was a great post from early this morning on the max pain theory. (I think I'll bookmark it). You pretty much nailed that one on the money.

Ed P.



To: Petz who wrote (98861)3/18/2000 4:52:00 PM
From: tejek  Respond to of 1571040
 
(BTW, Paul is standing on the right hand side of the chart trying to tilt it to the left, because he lost his marbles and wants them back.)

Petz,

And he was the one throwing peanut butter when AMD was trying to get from $36 to $50.

After watching what happened on Friday, it looks to me that Max Pain is one of those technical formulas that works only went all things in the market are fairly 'normal' for the day; that's to say when AMD is not oversold or there's a huge rally because Russia has a balanced budget for the first time in history or the markets tank because Japan announces they can't see getting out of recession before the year 2012 etc. In other words unusual events, minor or major, seem to skew or effect Max Pain's results.

Bottomline: I am just relieved we did not close near $40. Thanks for all the instruction.

ted