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Post# of 704047
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JMKel

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JMKel

Re: Zeev Hed post# 45322

Thursday, 11/14/2002 10:56:36 AM

Thursday, November 14, 2002 10:56:36 AM

Post# of 704047
The swing up to 1390 takes out a lot of puts.
By similar reasoning it will have to drop to 1241 to take out the calls. That assumes that Max Pain is in control.
This may not be true if the volume is high enough.

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