The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: UncleBigs who wrote (62905)	6/6/2006 7:01:04 PM
From: ild	of 110194

<<<selling the calls to buy the puts is a big bear bet>>> Selling the calls to buy the puts is equivalent to shorting the stock. At May 10 LOW had the 52 week low short interest, so the short trade is not yet crowded. <<< I've never seen this level of bearish sentiment in their options.>>> IMO the bear market has resumed and we should expect new highs in bearish sentiment.

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