SI
SI
discoversearch

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

To: ajtj99 who wrote (6090)8/30/2002 9:54:50 PM
From: ajtj99  Respond to of 30712
 
Another solution would be to overshoot a bit to get that gap at 1346 on the options ramp, then head south. The NDX filled its gap at 971, but the COMP missed it by less than a point.

If you recall, the re-trace had a run from 1280-1310, and we shot an extra 20-points. We could just do a repeat and shoot another 20-points to 1348 COMP on the 1328 re-trace chart.

The launch point could be higher than 1251, but the fact that there are bear flags pointed to 1250 COMP or so leads me to believe we'll drop to at least 1264 and possibly 1250 COMP.



To: ajtj99 who wrote (6090)8/30/2002 10:03:42 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 30712
 
Max Pain is now at QQQ 25

ah, but NDX max pain is at 975...and at similar dollar values...that's about 24.3 equivalent?



To: ajtj99 who wrote (6090)8/31/2002 1:53:13 AM
From: mishedlo  Read Replies (1) | Respond to of 30712
 
Aj that is a very very shaky 25 if you look closely.
Enormous calls to puts at 25 and 26.
25 looks like a brick WALL.
Of course it looked like a brick wall last month (but we beat it) but not by much.

If it was not for that huge block of puts at 24, max pain could easily fall to 23.

M


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News