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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 (64665)7/8/2003 5:45:28 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
I think bears drove NDX higher. Put interest was simply too high, and this was the only bullish thing for Nasdaq. This rally may have cured it. NDX and the q-s are now licking the upper bollinger band boundary, and the max pain for July is significantly lower. Unfortunately, I found that the max pain site does not track the OI very well, so you have to look at it yourself on yahoo


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