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To: AllansAlias who wrote (43586)	6/27/2002 12:50:49 PM
From: bcrafty	Respond to of 209892

I haven't looked at the COT lately but somebody must be short.The only puts I have now are hedges for my GE longs. Whatever squeeze seems to be losing steam, and we now have a triangle on the 10-minute NQ. LT hasn't broken from yesterday's lows, so there's still hope. The PCR has been really mysterious lately, and I don't know what to think of it either. I've not been trying to read into it lately because of that. I agree about the accounting practices, and I wonder which sector will be hit next? I making a WAG it will be credit providers. We're already in somewhat of a mess now, and I agree that years down the road aren't going to be prettier. Personally I've seen the mess unfold buy seeing more clients write me NSF checks in the last two years than I've had since 1991. Luckily, none have been large and I've eventually collected on 98%, but nevertheless it's a sign of the times.