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Zeev Hed

01/06/03 9:19 PM

#61930 RE: mlsoft #61911

Ml, as I explain, I prefer to be early since I am not here tomorrow morning, my expectations for tomorrow were stated here, G&C has a good chance of being served, I doubt you'll be paining for more than an hour tomorrow morning (g). Yes, missed staying in some of the Q, but did fine with them today and did not want to be too pigish. If I knew MERQ was going to preannounce, I may have stayed a little longer, but, c'est la vie and my guess is, I may be able to get back in at a discount before the week is out (g).

Zeev

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basserdan

01/06/03 10:53 PM

#61960 RE: mlsoft #61911

MLSOFT,

Surprisingly (to me), the 'smart money' increased their short PM futures positions again last week. Whodathunkit?

Au + 3662 to 143,666 = +2.55%
Ag + 5048 to 67,845 = +7.44%

The Swiss Frank (not shown) short interest also increased by 1205 to 41529 = 2.59%

Should be interesting to see how this works out.
Are you hearing anything about some 'big' longs wanting to take deliveries against the Jan contract?

Committment of traders report(COT)
http://www.cftc.gov/dea/futures/deacmxsf.htm

Regards,
Dan