Sharck Soup Message Board

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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	6/8/2001 8:00:50 PM
From: besttrader	of 37746

Notice the commercial COTS are now more net short --> Next week’s expiration will give us a much better idea of whether people are ready to give up on their second half hope yet or not I think. As I’ve said before, hope is all that is holding us up at the moment. Once that prop is removed, stock prices will fall like brick through toilet paper, and I tend to think it will go very fast when it finally does. Next week’s expiration is also a triple witch, so I’m sure there will be lots of volatility. The COT report showed commercials once again upping their net short position in the S&Ps to 78,000 contracts.

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