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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (13027)3/16/2001 8:45:53 AM
From: Ted Downs  Respond to of 30051
 
Happy Bids, if memory serves, I believe the QQQ came about 1-1/2 to 2-points short
of max pain last month.


Well if the theory is even close to correct there should be one hellish rally today. I realize that this theory may not be as accurate when there are market upheavals. I guess that's a safe terminology to describe the times. Even so good upward movement will be required to come close to the targets today. Hope that's the case.