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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (62897)6/6/2006 3:52:56 PM
From: UncleBigs  Read Replies (1) of 110194
 
There are 22,400 contracts on the lowes oct 60 puts and 201 oct 60 calls.

That's a huge bearish skew. I think we've seen sentiment about as bearish as it's going to get for the short term on the homies and related stocks.

You might care if you're short the homebuilders.

I would be covering here or be prepared to ride out a bounce higher.
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