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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (2655)	11/1/2001 10:36:38 PM
From: Jdaasoc	Respond to of 99280

intaday highs from 5/22 to 8/2 were 2328/2264/2181/2103,and then down we went Hindsight being 20/20, one could just look at open put contracts reaching a record on 9/8/01 as measured by value of the open PUT contracts at CME as an indication that market was headed dwon because majority of money was betting short. Until I see people betting short again in mass, I am not too worried. Right now long vs shorts are pretty much a even draw but if a was going to bet on next move for market I would say it is down. john