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Re: [RT] the Dow Rampage.



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ira:

thanks for that update. could you please indicate what that indu price
target was, and how close we came to it, and how it was determined ?

we are 55 cds off of the 3/22/01 low, as of the close today. 5/16/01
has some other interesting time interval links, so a price target
completion of import would be especially interesting.

dw



On Wed, 16 May 2001, Ira Tunik wrote:

> The INDU broke out of the channel today and hit a price target of mine.
> I wonder how much of this run up was options related.  After the past
> warnings about the Friday volatility, many of the option related
> adjustments occur on the Wednesday prior to expiration.   Ira
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