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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (60826)	11/10/2002 5:27:04 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

Well... It appears the market changed its mind. Now that it is in the vicinity of Max pain, it is supposed to get there! When Mr. market is too far from it, it may just continue on until options are cleared at expiration. It happens rarely, but nevertheless it does happen. I think now Mr. market will get to max pain, saving the bonds, then it will bounce again into mid-December, along with the dollar. I may enter XAU puts for a trade if it gets to 75. As things are right now, XAU 65 December puts will likely be a good trade when XAU trades at 75, but you never know.