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To: ajtj99 who wrote (58961)	11/7/2002 11:03:48 PM
From: mishedlo	Respond to of 209892

What I am describing is exactly waht happened 2 summers ago. PMCS SEBL XLNX BEAS all kept chopping around the 35-40 level or so. I would short every breakdown only to have it rise back up and I would get stopped out. Got Chewed up all summer shorting breakdowns that did not break. In the meantime one sector kept falling and falling and falling. - Telecom. Perhaps we have bios or something rising and rising and rising while everything else just chops around. Who Knows. But skewed options (I do not know if they were at that time) With all the dipsters and all the one sided bets we have could give us a bunch of up/down activity with no one getting too far ahead. The final distribution before the February Massacre. M