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Strategies & Market Trends : Steve's Channelling Thread

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To: TREND1 who wrote (15912)	5/17/2001 10:05:14 AM
From: Rich1	Read Replies (1) of 30051

The market has been so bearish that its only natural to go up so the MM's can have all the May puts that have been sold since the end of April expire worthless.. According to IBD the short interest ration hit 4.50 on Tuesday the highest level since September.Its currently 4.52 the NYSE Specialist short sales is .099 anything above .06 is bullish.. We going to 1335 on the S&P..IMHO..

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