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


To: mishedlo who wrote (20057)12/13/2002 7:24:55 PM
From: ajtj99  Read Replies (2) | Respond to of 30712
 
IF we get a dip to sub 24 or near 24 and finish near 25, you will NOT want to be short for the rest of the year

Why's that?

Did you see the Jan 25 QQQ puts traded today?

finance.yahoo.com

26,300 traded today. Max Pain appears to be 26 for January, but it's still early.



To: mishedlo who wrote (20057)12/13/2002 7:27:42 PM
From: Moominoid  Respond to of 30712
 
People seem to forget that Max-Pain can move up to the last minute. 22 does seem a possibility if small :)



To: mishedlo who wrote (20057)12/13/2002 7:28:15 PM
From: Jeffrey S. Lillie  Read Replies (2) | Respond to of 30712
 
Wow! we are looking totally in opposite directions.

should we go to 24 from here, best case for dec/first week of jan would be 26 IMO.

even though i am incredibly bearish, i dont see 22 until jan feb. i hope you are wrong as i just threw a bunch of funds into ndx in ira and 401k
j