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To: HairBall who wrote (57722)	11/18/1998 9:37:00 AM
From: marc chatman	Read Replies (1) \| Respond to of 58727

LG, I've been watching the member/specialist indicator for awhile, and the over 30% bearish, under 30% bullish indicator doesn't really seem to be a good leading indicator of where the market is going. In fact, in many instances the indicators seems to lead in the opposite direction -- check out some of the over 30% positions leading to a lot of short covering and a boost to the market.

To: HairBall who wrote (57722)	11/18/1998 11:27:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

<The NYSE reports the data weekly with a two week delay,> I'm missing something somewhere, where did you get that? Anyway, I will be travelling for a few days and will try to extract this for my own interest during that time. For to me, what this is saying is the information is really 3 weeks out of date. Tomorrow is Thursday, for example. The data from November 13th is 2 weeks late? So that's 3 weeks. So tell me then, how would anyone know whether the Commercials were long or short ahead of the AG announcement? It may be late Sunday, Monday before I get back to this by the way.