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To: Vitas who wrote (49309)8/6/2002 11:35:39 PM
From: mishedlo  Read Replies (1) | Respond to of 209892
 
With 133K to 68K calls vs puts at 24 and again even more lopsided at 25 (154K to 58K) this rally is DOA at QQQ 24 if not before.

Barring a "surprise" rate cut, bin laden capture or something else in OE week.

M



To: Vitas who wrote (49309)8/7/2002 2:05:58 AM
From: augieboo  Read Replies (1) | Respond to of 209892
 
Vitas, I think I get it now. What you seem to be saying is that this analysis takes expiration into account, and says that this month there should be a particularly strong rally associated with expiration. Is that more of less correct? TIA.