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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: stomper who wrote (84923)3/26/2001 2:15:02 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
yes, to repeat it for public consumption: that is exactly how it happens, i.e. they slowly unwind and then begin to go net long while the market is still falling. at the bottom, they should reach maximum net long exposure, of 40K contracts upward.
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