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To: AllansAlias who wrote (10107)8/15/2001 11:44:36 PM
From: NOW  Respond to of 209892
 
nice summary; all three are heavily discounted. Could be all three will come true. Doubt it.



To: AllansAlias who wrote (10107)8/16/2001 7:33:32 AM
From: john722  Read Replies (1) | Respond to of 209892
 
CIEN Beats. 96% Growth

dailynews.yahoo.com



To: AllansAlias who wrote (10107)8/16/2001 12:35:05 PM
From: AllansAlias  Respond to of 209892
 
Updated from last night:

Too many people are looking for 3 bullish things and 1 bearish thing:

1) Very s-t: "How soon before we bounce here to kill the puts?" The calls are all but dead but now we are uncomfortably close to a chitload of puts being in the money. This is the max-pain crowd.

2) S-t: "When does the runup into the FOMC start?"

3) (new) S-t: "How severe will the post-Fed decline be?"

3) Less S-t: "When do we get the bounce? The April lows will hold and a bounce will come."

I would think that at least two of these things will happen. Chances are very slim we'll see all four, and slim we'd see three.