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To: mishedlo who wrote (192671)9/19/2002 7:08:39 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 436258
 
>>"... vigorous defense of these strike levels, with big put open interest by the put sellers ..." says Schaeffer. "In other words, stock is bought to help keep the shares above the strike."<<

Max Pain on JPM at cca 22.50$ (! - as of yesterday), with a sort of flat landscape +-1 a buck around this point.



To: mishedlo who wrote (192671)9/19/2002 9:43:05 AM
From: yard_man  Read Replies (1) | Respond to of 436258
 
financials are starting a wonderful slow bleed -- 50/50 shot there's a panic coming at the end of it. Homies behaving -- I think the right shoulder may be done, but I've been fooled so many times before


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