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To: DEM who wrote (1837)	2/6/2002 7:54:02 AM
From: robert b furman	of 2290

Hi Dem, Excellent recap. Put/call has been unusually high for quite a while - I view that as latently bullish. stockcharts.com[h,a]daclyyay[p][vc60][iLl14!Li14,3]&pref=G I'm thinking this becomes even more powerful if combined with a vix spike (hopefully up into the 50 + range). Normally Vix has a sneaky way of spiking up,settling back down and then really having a blowoff.I think this has a better shakeout effect and I'm expecting to see it.A second blowoff vix spike combined with the put/call ratio over 1.00 has historically been a primo combined buy signal.The only thing better would be a double bottom within the next 2 weeks like occurred in October of 98 - the rest is history.I think it is extremely exciting to see this possibility set up so close to what fundamentally is an economic recovery ABOUT TO HAPPEN. stockcharts.com[h,a]daclyyay[p][vc60][iLl14!Li14,3]&pref=G Bob

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