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Re: ajtj99 post# 216958

Thursday, 03/11/2004 9:18:47 PM

Thursday, March 11, 2004 9:18:47 PM

Post# of 704044
AJ, those puts could have been put sold in a put spread months ago.

And I dont believe max pain work if market in a full blown correction mode.

NYSE has a 5day trin above 10, and a back to back 3 days in a row trin above 2. I dont think that even happened in the brutal bear market.

The problem is 50dma are broken on all indice and 200dma are way below.


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