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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (424)5/9/2008 2:02:07 PM
From: rcksinc  Respond to of 3209
 
ski
this may not be allowed on this board but contributing to Index's being in tight trading ranges the last few days and probably into next week. We are essentially sitting right on max-pain for spx 1395 and 1937 NDX, it serves the market to allow time premium to erode here with prices not moving too much.
Not too often are we sitting on it this close to expiration.



To: skinowski who wrote (424)5/9/2008 3:42:51 PM
From: AllansAlias  Respond to of 3209
 
I concur. Still holding the 20% long. A few bright spots this week in terms of breakouts and a few bad spots. Mostly, some serious jello out there. -g/ng