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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (4687)	8/29/2001 4:31:33 PM
From: klatt_attack	Read Replies (2) \| Respond to of 8150

its the rising short interest. i believe tom drake said it best when he said that the bears are selling more than the bulls are buying. rising short interest. when that short interest makes a 'u' turn and starts falling, that'll be the 'gun'. 30.s got woodshedded the past 2 days. will probably get a rally to synch up the 10 and 30.s, and then we'll get nailed one more time into 9/10-12 - my next dow turn. went long at 1154.50 and got stopped at 1151.75 today. atleast i've been shorting against my long positions that have stuck. new mini djia contract coming out on 9/30. initial and maint margins are 1/5 of the big djia contract (big margins of 5,400 initial and 4,000 maint). anyway, off to boston in a bit to see the red sox this weekend. have a nice weekend.