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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (44681)5/11/2003 3:22:14 AM
From: eddieww  Respond to of 52237
 
The McClellan Osc. has been above zero on all the majors for an inordinate amount of time as well.

I know what you mean about all the puts, sort of...
I'm sort of options stupid, but someone is writing all those puts, right? Are puts at QQQ 27 cheaper than calls at 29? Since there seems to be very little selling pressure, maybe someone swinging a big enough dick is pulling j6p in by driving up the common with plans to let the bottom fall out soon? Several up days recently have smelled like distribution to me.

I hope you'll excuse me if I seem disoriented, but I found some long-lost blotter this morning. 400 micrograms of disorientation. -vbg-



To: Paul Shread who wrote (44681)5/13/2003 1:24:17 PM
From: Trumptown  Read Replies (2) | Respond to of 52237
 
Paul, do you know if Don has indicated what would 'negate' his Tsunami call?

Typically when something has gone against him for this long, he has identified the break point.