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To: NOW who wrote (39578)	5/17/2002 2:11:02 PM
From: The Freep	Read Replies (1) \| Respond to of 209892

Informal survey -- how many think the exact intraday double bottom at 1723.06 holds for the rest of the day? Precision is impressive, methinks. FWIW, we've been at 32 QQQ as recently as Wednesday, so with a few exceptions (CSCO comes to mind) I don't see why there will need to be much delta hedging. On the S+P and OEX, we're at pain. Not that I know if we rally or not next week. . . I just don't know that any bump up would be max pain related. the freep

To: NOW who wrote (39578)	5/17/2002 2:17:40 PM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

There is a small window opening up here in the wiggles for a tiny downside surprise. Probably nothing, but the Voodoo Box is will see a bunch of tumblers fall if the Dow gives another 20 points and the NDX another 6. The NDX "trianlge before a new high" scenario dies for me at NDX 1299. BTW, when tumblers fall for the Voodoo Box, it isn't that it can then foretell something with any precision. It only means that it can vivify certain scenarios that didn't exist at a higher price. (In other words, certain new things become possible.) Like I said, probably nothing. Best bet on options-ex afternoon is to expect nothing. Back to my Java...