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

To: farkarooski who wrote (95345)	7/16/2002 5:57:33 PM
From: mishedlo	Read Replies (2) \| Respond to of 99280

If the market cooperates they will try. It will be a half haeated try however. IMO. Let's consult the authority for a better opinion. Checking "The authority" I see more calls than puts at 17.5 and 20 both. I doubt there is any incentive to do much of anything with it. Max Pain is 20 but I do not know where the true hedge is. On weakness, I would expect INTC to close at 17.5 where a fair number of puts at that price should prevent a collapse. But 17.50 is a collapse to you. Good luck. You need a rising market and I see no incentive for one with options on QQQ and INTC being where they are. Perhaps IBM ignites a rally tomorrow. M