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Re: MechanicalMethod post# 10

Wednesday, 07/17/2002 1:12:29 AM

Wednesday, July 17, 2002 1:12:29 AM

Post# of 46
I have 11:00 as the high, but I know what you mean. The only thing different is that today the NDX managed to spike through the 20 EMA for a short time, something it hasn't done since May options expiration. Back then it managed to jump over the 20 EMA and stay for a few days. BUT, that was also necessary to make Max Pain. Da Boyz don't have that kind of motivation this month, since we are rutting around in M.P. already. So, maybe we get up and over it, but I'm not putting a dime on the prospect.





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