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To: Tommaso who wrote (200684)10/28/2002 5:17:21 PM
From: Knighty Tin  Read Replies (3) | Respond to of 436258
 
Since I've been working, I have lost touch with Maria B. on CNBS. I had mellowed and considered my previous opinion of her as a zombie cheerleader to be unfair and discourteous. However, I watched her this morning just gushing when futures were up and telling us all the reasons why the market had to go higher. O.K., perhaps she just has a bubbly personality. Then, this afternoon, as stocks declined, she acted like somebody had run over her dog. And now I think my previous opinion was way too weak.



To: Tommaso who wrote (200684)10/28/2002 5:46:30 PM
From: reaper  Read Replies (2) | Respond to of 436258
 
<<Visa card from Fleet >>

only a $20k limit? didn't know you were deep sub-prime, man.

call them and ask for more; it'll be yours by midnight. also, pick up additional cards (with additional lines) for each of your kids and two each for your pets. they want your business; it's the new customer-service focussed Fleet.

Cheers



To: Tommaso who wrote (200684)10/28/2002 6:22:36 PM
From: mishedlo  Read Replies (1) | Respond to of 436258
 
Interesting that Nov expiry is on the earliest possible date. Nov 15th
Max Pain - What would screw the most people here?
Hmmmm

I think it would be a nice selloff for 3-5 days (but not huge) A rally for another 2-3 days to about the Friday before expiry.

Then a gap down and fall to precicely max pain on Monday-Tuesday of expiry week.

That would screw all the call buyers as of late.
The 2-3 day rally back up would screw johnny come lately put buyers (as well as suck more time premium out of front month options), then the fast plunge to max pain at the start of expiry week leaves the max numberof Nov players screwed.

If per chance we fall below QQQ 23 I think we rally back up to it during expiry week.

That is ONE possible scenario for the criminally minded.
There are others. It all depends on whether or not we have been seeing distribution, and I believe we have. Given that pain is 23 and we are not that far off, they can easily prolong the agony for bears by delaying the drop and instead having a steeper one.

Front month options here are quite dangerous on both sides.

M



To: Tommaso who wrote (200684)10/28/2002 7:04:09 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 436258
 
Tommaso,

LOL.

I am going to play Japanese housewife and wait until Fleet pays me .5% to take their cash off their hands. <g>