Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: mishedlo who wrote (75616)	6/6/2002 6:30:11 PM
From: Win-Lose-Draw	Respond to of 99280

#2 rule on max pain rally. No sooner than 10 days before should one attemt to play it that matches up very nicely with Zeev's thoughts on when we "bottom".

To: mishedlo who wrote (75616)	6/6/2002 6:49:01 PM
From: t2	Read Replies (1) \| Respond to of 99280

Mish, You are right; I was way too early on the max pain play. We are now going to be 14 days away from it..while at the same time we are heading to September lows. Don't know what could get us there. I am thinking whether to hold out for it or not; already reduced positions and might sell a bit more. Did Cisco really have a great earnings report to be a catalyst last month? I don't think so. The only bullish thing I remember is that they were going to be aggressive in their share repurchases at the lower prices. I still believe it was mostly max pain related. It looks equally unlikely now but there is still plenty of time. The odds of hitting max pain look even lower than they did last month. EDIT: On second thought..forget it. I am taking a vacation. Good luck playing max pain if you are interested. I am probably going to avoid playing it....after I go flat by tomorrow.