Replies to post #120951 on Zeev's Turnips Patch-No Politics (ZEEV)

[Sandy Mack]

Aren't we always moving towards or away from Max-pain.

Awww, c'mon, Joe...get off the fence and pick a direction. LOL.

Sandy

[Alex G]

Lol!! I don't really follow max pain myself

but for you to say Max pain "is a joke", and then on the other hand you to say you can SEE Alan Greenspan come into the market buying equities, you can see "Him" come into the markets

which is the bigger joke???

"It's AG on the bid!... It's AG on the bid!"

Lol!... that's a better joke

[ajtj99]

It works for me. For those who understand how it works, it can be a very good tool. My window for it started last Wednesday and generally runs into the Tuesday of expiration week. Normally if we are above it and in a strong uptrend, we'll get to within 0.50 on the QQQ and reverse back up and away. We did that the past couple months. After that, there's usually a dump beginning either the Friday of expiration and going into the early part of the following week.