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Re: farooq post# 12723

Wednesday, 09/13/2006 1:15:53 PM

Wednesday, September 13, 2006 1:15:53 PM

Post# of 17624
farooq, Open interest on 40 calls is 395,393 contracts, close enough to 400K for my purposes. Someone opened about 120K to 200K of them in some large purchases a couple of weeks ago.
I have never noticed anything like that in calls (I admit I may just have missed it if it happens.)
I declare this rally over. Time to go down. See the trin and trinq. Why won't the market listen to me?! (gggg)
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