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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (4483)11/9/2001 12:14:02 PM
From: mishedlo  Read Replies (1) | Respond to of 99280
 
People were suggesting a rally this afternoon.
Actually, if one believe in max pain I would not.
Yes they can always knock th market down huge next week if we do....
But what if there is good news such as Bin Laden captured over the weekend.

I would think the option crooks might want to take us down a bit to make sure things do not get out of hand on good news monday.

Note: There are many many many reasons why max pain may or may not work. Near the end of a run, it seems to be quite reliable.

M