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

To: donald sew who wrote (38395)	3/14/1999 9:06:00 PM
From: EepOpp	Read Replies (2) \| Respond to of 94695

hi Donald, just wondered how well the maxpain point has worked for you on options expiration week...and do you have to recalculate everyday during that week? very interesting concept...in theory it sounds quite logical, but in practice? thanks. Will

To: donald sew who wrote (38395)	3/23/1999 6:41:00 PM
From: J.S.	Respond to of 94695

Donald, Sorry to be so long in responding. You wrote: "Not sure what you mean by a nosedive but I am expecting a pullback next week. The MAX PAIN point for the OEX is 625 which is about 1250 on the SPX." I was expecting pretty much the current scenario. I actually found the post (Feb. 20) where I first mentioned made the prediction (just so you know it is not after the fact). Note from the post that I have not done very well in the last few years. Message 7938345 ....I do think we will have a bear market after a fools runup in March. I think puts on the S&P 500 will be the way to go.