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To: SI Bob who wrote (22207)	3/2/2005 11:00:31 PM
From: Lazarus_Long	Respond to of 32911

You mean this, right? :-) investopedia.com THese guys compute the point for some stocks: ez-pnf.com Your understanding of the theory is right on. The idea being that I'm a lot more stupid than the institutions Stupidity has nothing to do with that. Deep pocket does. My proudest moment was a 20-bagger in 2 weeks on INTC calls that expired the day after earnings. I pulled a 10 or 20 (don't remember just how big now) on RMBS once. Used to love that stock. Greatest short around. Now they've won their suits and they're (almost) legit.