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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Ben Antanaitis who wrote (6604)9/1/1998 12:01:00 PM
From: Ms. X  Respond to of 34811
 
Stock market report for today...a little humor.

- Helium was up, feathers were down.
- Paper was stationary.
- Fluorescent tubing was dimmed in light trading.
- Knives were up sharply.
- Cows steered into a bull market.
- Pencils lost a few points.
- Hiking equipment was trailing.
- Elevators rose, while escalators continued their slow decline.
- Weights were up in heavy trading.
- Light switches were off.
- Mining equipment hit rock bottom.
- Diapers remain unchanged.
- Shipping lines stayed at an even keel.
- The market for raisins dried up.
- Coca Cola fizzled.
- Caterpillar stock inched up a bit.
- Sun peaked at midday.
- Balloon prices were inflated.
- And Scott Tissue touched a new bottom.



To: Ben Antanaitis who wrote (6604)9/6/1998 5:47:00 PM
From: Judy  Respond to of 34811
 
Ben,

Thanks for taking the time to do the max-pain analysis.

For the record, I am not overly concerned with a stock's closing price on options expiry. Of more importance to me, as a seller of options or for flipping stocks, are the various strikes a stock traverses during expiry week to clear out open interest.

Keep up the good work and enjoy the weekend.

PS. The guy who criticized the max-pain analysis on the LU thread ... analogous to someone who faults calculus when they can't figure out how to make productive use of it.