most of SI which is dominated by shorts
iq....
i am not so sure about this...
granted, the sentiment of late has been turning far more cautious than i care to remember, but i suggest you refer to a more visible and a perhaps more vocal contingent than an actual majority. would these so-called shorts also include those investors who feel [at least recently], that playing oex puts would allow them to participate in the recent volatility...even if that is not the case, i know you have contributed to threads, such as kahuna, where i suspect others would take exception to such a characterization.
my only point, iq, is this: blanket generalizations about the SI composition are as misleading, at times, as broad assumptions in any arena. and believe me, i defer to your expertise in just about any and all of them...i just feel your given here may be a bit skewed.
regards,
flick |