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

To: Shack who wrote (75609)	6/6/2002 6:27:12 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 99280

There were a fair number who covered some or straddled going into the close (MM, Earlie, KIS among others). Some stayed short (ODB, Bobcor, Luc of course). I've been essentially flat since last week, so I missed it all, have been in risk reduction mode except for golds. Given all that, we could get a REAL nasty break here.

To: Shack who wrote (75609)	6/6/2002 6:53:40 PM
From: mishedlo	Read Replies (2) \| Respond to of 99280

Shack as is typical of the final decline, no one stayed extremely short. Tip covered I believe, Earlie covered 1/2, KISS is besides himself for playing INTC with a straddle, Some had DOW puts (count me in that group, with leaps), Everyone was cautious after all the FN ramp jobs we have seen. The only ones massively short this mess were "true believers" or the foolhardy. As for short covering who the H knows. I doubt we see the bottom of this mess in a day. It will be interesting to see whay happens to PC ratios tomorrow. M