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To: yard_man who wrote (136715)	12/2/2001 7:46:33 PM
From: sun-tzu	Respond to of 436258

<It is more unstable than you think> i couldn't agree more. the market going up is the most unstable and worst thing that could possibly happen. and tip, there are a lot of hedgefunds either still trapped in short positions or shorting rallies and recovovering higher. there are enough shorts in this market to create situations like last thursday. the p/c ratio is neutral at best. as far as the individual investors, they are non-factors, fully invested and at the whim of the institutions.