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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (10229)	11/23/1997 6:22:00 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 94695

Hi Bill, Two extremes caught my eye on Marketgauge: marketgauge.com 1. Specialists and members short position % increase- the highest since '93 and '94 respectively. (updated Fri the 14th) 2. OEX put call ratio (updated Thu the 20th) at a ridiculous 0.09, like in Aug high. (Is the data confirmed?) Coupled with insiders sell/buy ratio of over 3, the picture I see is- Smart money selling big time Public buying big time Is this stampede going to leave insiders, specialists and mms flat on the ground, crushed by the hooves of the public? Looking at last week's action, this imaging is not that far off. ATG