Overnight session:
NQ lost key 2000.75 support and looks headed for a test of S1. Note that weekly pivot at 1967 is just a few points above Friday's gap should we have a sell-off Friday.
Greenspan decided he was out of the spotlight too long:
NEW YORK (Reuters) - Former Federal Reserve Chairman Alan Greenspan said the current market turmoil is "identical" in many ways to that which occurred in 1987 and 1998, the Wall Street Journal reported in its online edition on Friday.
NQ lost key 2000.75 support and looks headed for a test of S1. Note that weekly pivot at 1967 is just a few points above Friday's gap should we have a sell-off Friday.
Greenspan decided he was out of the spotlight too long:
NEW YORK (Reuters) - Former Federal Reserve Chairman Alan Greenspan said the current market turmoil is "identical" in many ways to that which occurred in 1987 and 1998, the Wall Street Journal reported in its online edition on Friday.
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on Friday, September 07, 2007 at 9/07/2007 04:38:00 AM.
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9/7/07 8:55 AMAre you able to get max-pain numbers on the web? The calculator I use seems out of service.
9/7/07 4:38 PM
It's easy to do it yourself. Add the total number of open interest on strikes and see which one is the highest. For QQQQ, the winner is 48.
http://tools.thestreet.com/tsc/quotes.html?pg=options&symb=qqqq&sid=&timer=
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