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Strategies & Market Trends : Ask DrBob

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To: longdong_63 who wrote (45845)	10/12/2001 8:42:51 AM
From: shoreco	of 100058

LD..Re: That put buyer ?? open interest is now 1166, it seems as if that was a sell of 10k contracts yesterday. What gets me is it went through above the market price, therefore I assumed it was a buy.. Explain this to me ?? rain.prohosting.com Thieves in the night... PS Now take a look at the open interest in all options, especially JNPR...There are over 50k call contracts over $20 and we all know they were sold way before Sept 21st, and then take a look at the puts, there are a total of 33k open contracts with 30k under $15.....LOL This is all a game, how could the street be so fooled. This is just an excuse to run it up. Remember when CIEN warned, that was the streets excuse to dump. Retail sales #'s have about 1 week after the 11th baked in. What happens next month. Americans have "nested" over the last 4 weeks. Anyway, I hope bcrafty got out O.K.

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