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Re: ASISEEIT post# 195197

Monday, 06/28/2010 9:43:47 PM

Monday, June 28, 2010 9:43:47 PM

Post# of 249191
Re Russell Rebalancing...the first question that needs to be answered is.....Roughly how many shares were involved in the rebalancing? At roughly 15:59...there were roughly 1 million shares traded......then within the next few minutes and into the after hour period...there were anywhere from 10-14 million additional shares traded..... Nasdaq.com had the total ~15 million while Yahoo showed it to be ~11 million.

It TKC is correct...then the MMs simply sold the shares to the index funds from their reserves that they had accumulated. The problem that I have with this theory is simple...I can't see HOW they accumulated that many shares in such a short period of time....yes...I think 30 days is a short time considering our trading volumes to be in a position to accumulate 6-10 million shares.

If they went naked...as I believe they did....the question is how many shares are they currently naked? This question is important for obvious reasons. BTW....I don't think that Wave is alone in this situation...I believe that a large number of small stocks are facing the same scenario.

Sincerely,

Jas

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