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To: mishedlo who wrote (127841)	10/8/2001 1:24:20 PM
From: pater tenebrarum	Respond to of 436258

yes, if the rise continues, certainly. but that's not set in stone yet, as there's still time. for the bullish case it would be BETTER if we dropped into expiration, creating a pivot low. but certainly the May expiration serves as a good example for a delta hedging induced pivot high...a repetition can't be ruled out. COTs were not really conclusive...some commercial covering in the big spoo, some additions to shorts in the mini.