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To: Kip518 who wrote (32150)	10/5/2000 9:48:51 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 42787

Hmmm. It looks as if someone is trying to hold the Naz UP through an embargo. No?

To: Kip518 who wrote (32150)	10/5/2000 10:36:31 PM
From: oldirtybastard	Respond to of 42787

someone bought a few QQQ puts today, almost 11,000 oct 85 contracts quote.cboe.com

To: Kip518 who wrote (32150)	10/6/2000 12:32:42 AM
From: sam_o	Respond to of 42787

KIP>>> FWIW... I interpret that message the opposite way. I see it as those hedge funds doing their job, to hedge against there current holdings which are probably longs. Of course I really don't know exactly what they meant ....cause I ain't them <<<ggggg>> But I'm short.....

To: Kip518 who wrote (32150)	10/6/2000 8:53:55 AM
From: Gersh Avery	Read Replies (1) \| Respond to of 42787

"Several Hedge fund clients advised me this morning they can not borrow in size the Q's to short. The 2 firms are big and they work with all the major stock borrowing cages in NY. This could be important bb " To me this reads that there is already a huge short volume already in existance. This could work to produce a large snap back raly.