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


To: 1podstock who wrote (54868)4/23/2002 11:45:51 AM
From: jjstingray  Respond to of 99280
 
I agree with you, however we are a month away from that point. I think we will see a lot of volatility by then. My guess is down to a more solid bottom, rally maybe back to Zeev's 1830 double top, then down hard.



To: 1podstock who wrote (54868)4/23/2002 12:13:01 PM
From: augieboo  Respond to of 99280
 
jjstingray..if there are MILLIONS of dollars at stake if QQQ May options are at, let's say, QQQ 38...you can bet your farm the big boys are gonna get it there by the week of May, come rain, sleet, hail, or snow.

38? Homey don't think so!

Max pain is at 35, and unless that changes, that's where the QQQ will wind up the week of May 13-17.

What we got here is a trading range dudes (and dudesses).



To: 1podstock who wrote (54868)4/23/2002 3:02:43 PM
From: mishedlo  Read Replies (2) | Respond to of 99280
 
Pod - I have May - DOWN.
At least first half.
So far (based on Monday and Tuesday) my call looks reasonable.

Max pain is about 34 or so but options volume very light this month.

Perfect time to tank it, especially with all the bad news out there.

Max pain is 37-39 in June so I think we start rally mid-late May.

M