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Re: Zeev Hed post# 105472

Wednesday, 05/07/2003 6:38:27 PM

Wednesday, May 07, 2003 6:38:27 PM

Post# of 704041
QQQ max pain rose to 27 but we were well above that.
The Wed before expiry week is often the turn.
Was that the turn today?
The last two months turned down to touch pain and rocketed higher.
Threepeat or a sustained move down now?

MSFT 25
CSCO 15
INTC 17.5
SPX 875
DJX 83
JPM 27.5
C 37.5
IBM 85

This is the first time since January that all three indicies, as well as all the key stocks were all above max pain at this point in front of expiry.

M

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