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cash2go

09/19/08 7:54 AM

#598336 RE: brainlessone #598298

Max pain measures pain for put holders

http://www.optionpain.com/MaxPain/Max-Pain.php

Enter GS at the link and you will see the selloff would have created a situation where the brokers would have lost billions on Friday. GS to $150 would be an unbelievable accomplishment. Those writing puts would not have to pay out nearly as much. A great move at a time when the brokerages could not afford to pay out such huge losses.

Sorry for all the shorts that got screwed. Looks like the big guys writing those puts would have lost too many billions when could least afford it.

Most manipulated market ever? Had no shorts myself as I expected last minute action as usual.