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To: Shack who wrote (55142)10/2/2002 11:20:22 AM
From: Paul Shread  Respond to of 209892
 
A move above 8012 would lather everyone up, and scare me too. -ng

I guess you wouldn't get a bullish scenario unless 8217-8247 were taken out?



To: Shack who wrote (55142)10/2/2002 11:31:05 AM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
Just got an email from my futures arbitrage buddy that said: "The futures have been constantly above fair value yet the arbitrage trades are not holding."

I've asked him for more info, but my interpretation is this: either we get a good rally today, or we get a big sell-off, because the smart money is watching this game and will sell if it fails. JMHO, and will post more if I hear more.


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