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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Shack who wrote (70365)2/24/2001 7:49:19 PM
From: Haim R. Branisteanu  Respond to of 99985
 
Shack, in my opinion even that the NASDAQ is about half the size of the NYSE it is not as diversified as the NYSE, and more tilted to Hi Tech shares which were the rage last year and now they are mostly shorted.

Therefore I think the VNX better represents the fear and demand for puts. Also interesting is the very high P/C ration on the OEX option which are mostly traded by institutional entities.

BWDIK
Haim