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To: bcrafty who wrote (48735)	8/2/2002 1:01:01 PM
From: AllansAlias	Read Replies (2) \| Respond to of 209892

VIX action should give a short pause here. That's a lot of premmie getting sold for this bit o' OEX down.

To: bcrafty who wrote (48735)	8/2/2002 1:01:15 PM
From: ajtj99	Respond to of 209892

I've asked Rich1 in the past week, who subscribes to Carpino, and he mentioned down until the 14th for Carpino. The 7th and 8th are another turn from someone else.

To: bcrafty who wrote (48735)	8/2/2002 1:05:09 PM
From: Shack	Read Replies (1) \| Respond to of 209892

Thanks jj and bcrafty. Carpino seems to have hooked into the market's groove and I respect that while it lasts. Of note here, The DOW is now in the vicinity where this sideways/down cannot be looked at as a '4' any more. I still think we have a 'b' here and we will get another wiggle high. I have still not seen a big move in the QQQ O/I putcall for Aug/Sept. That ratio dropped a bit again but is still within its recent range at .66. Despite the low equity P/C we have seen, there is not that many calls being opened here.