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Re: Zeev Hed post# 51229

Tuesday, 12/03/2002 1:07:25 PM

Tuesday, December 03, 2002 1:07:25 PM

Post# of 704041
Zeev, as I read your posts, you currently expect a bounce from the 1426-1446 area (the double top from which the comp broke) to a year end high of perhaps 1600 or so. I wonder how you are factoring December expiration into those targets, with QQQ max pain currently somewhat lower, at about 26, or 1395-1400. Do you expect max pain to be a bust this month, with institutional options sellers hedging long?

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