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To: Shack who wrote (41936)	6/13/2002 1:55:19 PM
From: AllansAlias	Respond to of 209892

I realize that June is getting far along, but still, early today I did a quick calc around the money for June. I started on both sides with the first contract that had 10k O/I, so it was fairly loose. Still, I cam up with a p/c of .57 -- not exactly a buy signal that.

To: Shack who wrote (41936)	6/13/2002 2:03:44 PM
From: AllansAlias	Read Replies (3) \| Respond to of 209892

The only road left for the bulls to press here is a powerful one, sort of a hail-Mary scenario. It would see the action since 12:20 or so, the first high today, as a wee flat before a powerful blast upward. This would imply that 1114 does not print. The count off the low for that would be: 1/a to 1:20 yesterday 2/b to 10:40 today 1 of 3/c to 12:20 today 2 of 3/c to now or very soon 3 of 3/c pending The alternate is that we are in the sort of goo that only a fool tries to read (-g), a series of 3's. The price action out of the low is wedgie. Breaking upward would be a Hound buy signal (Hound: the unexpected or "not the norm")