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


To: Mike Delaney who wrote (79854)6/17/2002 11:20:48 AM
From: Jdaasoc  Respond to of 99280
 
the dark side here at 1543 near the 1555

Since the value of open PUT options was very high last week, over $20 B, I don't know much more chasing the maker makers have to do to get shorts to close and PUT holders to sell. Predicting market turns near the end of triple witching month is hard to do. Even Zeev is not coming up with many detailed as he was a week ago.

Nevertheless 3-5 days from now, most short positions should resume their trend of profitability.