Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (33024)	10/15/2000 10:15:03 PM
From: James F. Hopkins	Respond to of 42787

I'm with you on that, check MSFT CSCO INTC ORCL AND SUNW they will easly over ride any qqq max pain. ( if the bias is very much ) I have seen Max pain "fail" but then the next week it kicks in. If it "fails" to the upside the winners sell stocks. If it fails to the down side the assinments for the most part close short positions. Hence a rally followes due to the reduced effective float. Some of my best bets were the 1st or 2nd week after Max pain "failed" to deliver on time. The more it fails the larger the effect. My thought is; say I have Csco with covered calls sold and she gets called from me..well the person who got it wants the profit not the stock. People who want a stock want it at a discount and often write puts, Also people who short will write puts and let the put close the short or cover the short if she moves up and keep the put money. But there is no sure thing, I have had it fail ( once with calls ) and then not sell off. However we were is very strong up market at the time. One thing I sure don't like is seeing the value Line now down below 400 even after the rally. I had 400 in my mind and posted it some time ago saying we had to stay above it not to hit a bear market. From March until this last week it looked like she was basing and I had hopes the market was broadening out, but with that new low I have my doubts I can hardly find a fund anywhere thats got any profit for the year. Jim dailynews.yahoo.com Poor CNC and I own some :-(