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To: JRI who wrote (110715)6/29/2001 5:38:45 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
yes, turn coming between July 5 and 9 imo, and i'm busy buying index puts. i.e. i have started already. puts are cheap...the all-pervasive complacency has driven the VIX to below 21 intra-day today. i think a humdinger of a sell-off is coming in light of this.