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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (50054)1/23/2001 7:09:00 PM
From: Skeet Shipman  Read Replies (1) of 94695
 
Thanks Bill,
At least a part of the commercials' shorts are probably hedging puts they have written. So, they may not be as negative as they seem on the surface. It certainly means this market can get an added boost when they start covering their shorts. The public keeps putting their money into growth funds so who knows how high the funds will run up their favorites.
Skeet
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