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To: marc ultra who wrote (13089)4/11/2000 2:42:00 AM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
They happen to mention on CNBC that even very late in the day with the NASDAQ fall the P/C ration was all the way down to 0.33. If true that's about as low as I've heard it. Gee, maybe some of these hot money players got scared last week and decided instead of going on margin they'll play it safe with call options instead<g> I don't mind if the market falls apart personally but when the NASDAQ gets butchered and the S&P does little I keep getting hurt since my S&P500 short hedges do little. Anyway I've probably said that a bunch of times already. If we get another plunge to 142 and change my SPY shorts will be covered as long as I get more than 5 seconds to put an order in this time. I still think the nasty fall might wait till May but things seem to be hourly these days.

Marc