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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Jeff who wrote (2283)	6/13/2002 11:47:34 AM
From: LTK007	Respond to of 30712

jeff wrote<<next top...don't know....april and may tops were easy pickings because they went for exact max p on SPX... max p now is 1100 on SPX....if da boyz can hit that by next friday it will be the crime of the century....<gg>>> (,i> they must have a plan B:), i don't watch daily open interest, but i would think they could pour in naked sells on calls if they know they have lost maxpain, could they not??) all i know is....a major pierce yesterday....now sucker run phase...don't know how long or how high....but its all going back down again....

To: Jeff who wrote (2283)	6/13/2002 11:51:54 AM
From: exp	Respond to of 30712

Jeff, SPX 11.4% undervalued means that "they" all piled into bonds. The slightest "good news" or "good rumor" and the institutional herd will dump bonds and pile into stocks. MaxPain just gives "them" an "extra" reason. <ggg>