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To: s berg who wrote (1256)	8/25/2001 7:58:56 PM
From: Stephen M. DeMoss	Read Replies (1) \| Respond to of 1328

s berg, Can you explain what you mean by '..claims this means that the lows are in for theintermediate term c/w LG'. Are you suggesting we are neither going lower or higher near term (ie. short positions are the same as before (no real covering shorts) and commodity longs (a hedge?) are decreasing. Based on the COT report, would you feel comfortable going long here? I have stayed mostly in cash and some put positions (plus an occasional long trade) till I see the COT's shift their positions more long. I also was inclined to wait for a bit of a capitulation, which I have not gotten...Thoughts? Steve D.