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To: Cynic 2005 who wrote (3449)	7/30/1998 3:27:00 PM
From: Defrocked	Read Replies (1) of 86076

You asked me what the professionals are currently doing? I'd say they are doing some serious liquidation: Bid Offer Last Year Ago CBOT-Full 390,000 410,000 395,000 7/30/98 700,000 CME 276,000 350,000 280,000 7/30/98 525,000 CBOE 440,000 495,000 441,000 7/30/98 675,000 NYSE 1,340,000 1,775,000 1,350,000 5/31/98 2,000,000 Now some of this decline is attributable to commodity deflation but recent trading(today for instance) appears liquidity driven IMHO.

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