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James Bondage

11/20/03 2:23 PM

#173023 RE: Train Guy #173020

That is correct..
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Joe Stocks

11/20/03 2:28 PM

#173025 RE: Train Guy #173020

>>So you think we're close enough to max pain <<

I wish I could filter out "max pain". It's a totally worthless concept. The information for which it is based on tells part of the story. Without knowing what the underlying strategies are behind the option holdings, what you see has no value. Max Pain reflects more of where we are or have been than where we are going to go.

Just my opinion,