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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (73568)8/16/2006 11:17:08 AM
From: Real Man  Respond to of 94695
 
A 4B temp repo drain today from the Fed. No coupon pass.
Those long qqqq calls have to cash out or pony up the bucks
to buy it. Goldman and Morgan are losing some big bucks on
their August call shorts as the market rallies from here.

Max pain for August:

SPX: 1265
NDX: 1510
QQQQ: 37

Note: Goldman and Morgan always win options expirations lately.



To: MythMan who wrote (73568)8/16/2006 1:08:00 PM
From: Real Man  Respond to of 94695
 
Nothing is new under the sun. What's going on today was going
on in 1719. Ben is John Law reborn today.
We are approaching January 1720 -g-


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