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Strategies & Market Trends : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (1238)	8/15/2001 10:04:19 PM
From: Stephen M. DeMoss	Read Replies (2) \| Respond to of 1328

Mishedlo, Are you re-thinking your Max pan theory at all? I see qqq trading at 39+ and Msft slipping and a number of others I follow. Maybe tommarow lifts several of them... I see some companies blowing past the max pan right now, both up and down. Since we don't know who owns what, how does following calls and puts help us know which way to bet? This market is very difficult to do anything but get out of the way of IMO. It's a real crap shoot here. I bought some puts on a company called Thgi. It has a PE of 80+, growth rate of 15%, insider selling for the past 9 months, and all it does is keep going up (max pan for it is 45, today it hit 55, up $1+ on a bad day for techs). My mind is blown <GGG>! Any other comments are welcome. Steve D.