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To: Ira Player who wrote (258149)	8/29/2003 3:18:24 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

>>Predictive value of things like put / call ratio requires, unfortunately, knowledge of the unhedged open interest, not the raw open interest. In my opinion, of course.<< I share your opinion -- we don't have enough info to take it as bullish or bearish or bad for the tea crop in china, but it is interesting that this has become a new plaything as of late -- am I wrong in saying that this is a recent phenomena -- large transactions taken in a day that skew the whole equity p/c readings??