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

To: dpstark who wrote (36353)	3/3/2002 4:17:47 PM
From: mishedlo	Respond to of 99280

sting, could not march puts be covered and calls be expanded in the wink of an eye starting Monday? Would this not change everything? Not likely. There are too damn many of them. OTOH there are hardly any in April (at least on the QQQs). April action will depend on how many calls are bought in the next two week rally or sideways or whatever we get. Perhaps they needed to rally us early cause INTC Mar 7 CC will suck suck. Who knows? Choppy slow stairstep rally up to INTC CC then down for two days (but not huge), sideways for a day or so, and another expolosive rally would get us exactly to pain. This is one possible scenario. M