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

To: Zeev Hed who wrote (73557)	5/31/2002 6:35:40 PM
From: jjstingray	Read Replies (1) \| Respond to of 99280

Hi Zeev, Sorry if you have addressed this already, but would like your thoughts. It appears as though your model is not giving the Max Pain theory much credence for June. Am I right in assuming that you do not think it will play out this month like it has the last 4. Thanks for all your help.

To: Zeev Hed who wrote (73557)	5/31/2002 6:36:57 PM
From: J. P.	Read Replies (1) \| Respond to of 99280

The last half of the day fallout seemed like it was very short term and manufactured by leaning on the NQ's, perhaps some end of month shenanigans. Although the headline COMPX number will say down, it was still a constructive outside day, in my view. The big Nasdaq 100 futures were up and are still up along with the Spoos during the markdown. stockcharts.com[m,a]daclyyay[dc][pb50!b200][vc60][iUi14,3!Lh14,3]&pref=G I think the market wants to lift here, and any stabilization news out of India and Pakistan will send us up to test some resistance at NDX 1375. Continued sabre rattling over there will keep a lid on the markets because of the real threat of nuclear warfare.