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To: Shack who wrote (7210)7/16/2001 12:00:13 AM
From: John Madarasz  Read Replies (3) | Respond to of 209892
 
still middlin area...and that is what makes things so dangerous in my opinion...

the 1, 3, and 5 year record net long postion in the snp's for the small speculators is 91122. They stand now at 75698 contracts, down from 78233 the week of 7/3/01.

It's middle ground... and even the guys Like George Slezak who analyze this data for a living will tell you that there is no signal here but caution...

because there is no clear signal<gg><ng>

In essence, it's a positioning game, and there are many expanding wedges going on that are going to be very volatile, and very difficult to interprate and trade.

Sorry for the spelling<gg>