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To: UnBelievable who wrote (4891)7/20/2000 9:15:56 PM
From: patron_anejo_por_favor  Read Replies (3) | Respond to of 436258
 
You want maximum pain? Check out the yahoo agilent board (prewarned after hours the day before options expiration-ho Ho HO!!)

messages.yahoo.com



To: UnBelievable who wrote (4891)7/20/2000 10:12:31 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
somebody asked me if he should base an options trade on that using an option that expires tomorrow.

frankly, i don't think it's going to work. once we're that far away from max-pain, it's simply a few call buyers getting lucky usually.

i'd be surprised if the NDX were manipulated based on QQQ max pain alone ... don't forget, the individual components max pain levels in the aggregate may be more important.

you'd have to look them all up, and calculate a likely closing level for the cubes from that.

in any case, we're going to the moon, right? Al gave us the green light, and i hear he's busy giving out that other green stuff as well in hefty gobs to ensure we get printed to nirvana.

why bother with max-pain?

does anybody...anybody at all, believe the market could possibly go down from here?

the 12% bears from the AAII poll are probably a result of some directional confusion...they probably were looking at upside down charts.

but, seriously, all this stock market hoopla will be NOTHING compared to the coming move in silver (which hopefully will be up...in any case it's going to be big). that thing is coiling....it's going to be the financial equivalent of Mt. St. Helens...