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To: mishedlo who wrote (66925)2/20/2003 1:36:16 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Thanks, Mish. If Waves are such an "Universal Truth" (g) they BETTER be able to accommodate Max Pain (which makes plenty of sense to me as part of the mix).

Promise to post one minutes charts - when I think they may carry meaning - or good clues.



To: mishedlo who wrote (66925)2/20/2003 1:46:12 PM
From: ajtj99  Respond to of 209892
 
Good point about IBM. I was looking at that as an obvious short last week at Max Pain 80.



To: mishedlo who wrote (66925)2/20/2003 1:56:15 PM
From: At_The_Ask  Read Replies (4) | Respond to of 209892
 
I agree with everything that you said. There are so many "can't talk abouts" being imposed that nobody talks about sh*t. The dow is down 150 points in the last two days and nobody has mentioned it, what does it mean? There just isn't any content or discussion here anymore. Nobody sold the highs or bought the lows or if they did they didn't post it.

It was me that was critical of pain. One of the things that I hate about it is nobody ever draws a useful conclusion from it. Or as in this case the whole thread is looking down and then after we get a big jump somebody steps up and says " oh pain is at **" after it's too late. A lot of times when it's a week or two before opex and it's time to start thinking about it I look for you to show up and you never do. I think it's a great tool but we never manage to catch it for some reason.