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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (40743)6/19/1999 8:52:00 AM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
heinz,
I partially agree with you. Yet, because of the orderly record volume exercising of options yesterday, My first impression is there was a lot of covered call writing. This would tend to mean the funds have money and the public has stock? I haven't checked this out. If next week's M2 is also negative, it would be an old signal for a bear market.
Skeet