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To: chic_hearne who wrote (42434)3/27/2001 12:34:23 PM
From: High-Tech East  Read Replies (1) | Respond to of 64865
 
<<I think it's also far too early to draw any conclusions about the short term movements of the commercials. If the position keeps going down over the next 2-3 weeks, I'll pay more attention. For now, it could just be a wiggle.>>

... I agree completely. However, it is the most significant wiggle in over a year ... and if they continue reducing their net-short position, it is not at all a bullish sign (not that you said it was), but evidence that the most significant damage to equities, in the entire history of U.S. equities is about to unwind.

... do I guarantee it ... nahhhhhhhhhhhhhh ...

Disclaimer: The above is my personal opinion. I recommend that you do not base your investment decisions solely on any one person's views or analysis (including mine). Do your own research and take personal responsibility for your investment decisions.

Ken Wilson