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To: MythMan who wrote (224204)2/27/2003 9:00:16 AM
From: Knighty Tin  Respond to of 436258
 
MM, Over the long term, it is a discounting mechanism. Day by day, week by week, and year by year, it is shenanigans. But over 200 years, it makes sense. <g>



To: MythMan who wrote (224204)2/27/2003 11:50:05 AM
From: mishedlo  Respond to of 436258
 
yes - that an manuevering options according to hoe people buy puts and calls.
It goes on all month but final corrections are done 1 week thru expiry.

I really think Puts are the one of the few things holding this market up.

M