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Alias Born 04/10/2001

Re: None

Tuesday, 03/11/2003 11:22:23 PM

Tuesday, March 11, 2003 11:22:23 PM

Post# of 928
Nothing alerted today but the EFII short. There is more on our short list for tomorrow, but as bad as thing look day after day, it makes sense to be expecting a bounce on short covering. A spike above 40 on the volatility index (VIX) should make those with short positions pull some off the table.

Our estimate of market risk remain high. Remain cautious.

Sam


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