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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Frank who wrote (82438)11/14/2001 2:33:09 PM
From: rgjack  Read Replies (1) | Respond to of 99985
 
I took a look at December vs November MaxPain for a few key stocks.
MAXPAIN
Sym Price NOV DEC
GE 40.29 37.5 40.0
IBM 116.7 100.0 110.0
MSFT 67.0 60.0 60.0
QQQ 39.0 35.0 37.0
SPX 1133 1080 1110
DJX 96.6 93.0 96.0
JNJ 59.0 55.0 60.0

'Price' is the NAV when I got the data. Notice that all but MSFT are showing higher MaxPain values for December. To me that is saying prices (market) will go higher to the next option expiration in December. Does anyone interpret this small sampling differently?

BJ



To: Uncle Frank who wrote (82438)11/14/2001 6:57:12 PM
From: t2  Read Replies (1) | Respond to of 99985
 
Uncle Frank, It looks like the Max-pain approach is not going to work this week. For example MSFT and INTC are far off the target.
I wonder if that means these stocks can actually get a pop (Intel did today) into Friday.