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hk2

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Alias Born 07/06/2002

hk2

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Re: pstuartb post# 51274

Tuesday, 12/03/2002 1:29:07 PM

Tuesday, December 03, 2002 1:29:07 PM

Post# of 704041
heavy put buying during the next two weeks at 26 and 27 would seem inconsistent.

Heavy put buying would be quite consistent as folks start licking their chops in anticipation of a return to Max Pain.

And often, a Max Pain "hit" occurs as part of quick 2-3day, 80-120 point move in the last week, where it gets briefly tagged during a intra day high/low and then the markets reverse back away from Max Pain

Jim



Jim

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