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


To: jjkirk who wrote (11014)10/15/2002 9:20:22 PM
From: mishedlo  Respond to of 30712
 
The implication was that we will fall to max pain and most assuredly will if MSFT says anything remotely bad.

In May we exceeded max pain and kept going.

In March we had an enormous ramp that exceeded max pain by a couple of points and then we gave it all back.

By giving it back I mean we went well over pain during expiry week and gave it all back the same week, NOT the next week.

I think this rally is over but do not know how big a pullback to expect other than to QQQ 22.

M