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To: yard_man who wrote (95121)	4/17/2001 11:10:50 AM
From: sammaster	Respond to of 436258

.75 intraday p/c opened at .9

To: yard_man who wrote (95121)	4/17/2001 11:12:08 AM
From: AllansAlias	Read Replies (4) \| Respond to of 436258

P/c's have been climbing gently since the 9th. It's still in the complacenet territory, but they are not collapsing in anticipation of a rally. I hear ya about the sentiment. In general, I don't think one can fade the TA-types in the same way as you fade the broader market. You would not have done very well to fade the likes of me, heinz, and Shack over the last number of months. Not saying we get it right a lot of the time or anything, just that we are not the sort of group you'd do well fading. Still in the weeds. I am in no hurry to lose money. If the setup is near perfect when the time comes, probably after lunch, then I'll go long.