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Re: punkle post# 225119

Tuesday, 03/30/2004 4:57:48 PM

Tuesday, March 30, 2004 4:57:48 PM

Post# of 704019
I don't like the way this thing is evolving, the equity P/C ratio was under .5 all day and the internals (including the sox) are not really with this. I would not b surprised to see a turn down tomorrow, maybe a G&C going to the 2007/11 range and then taking few days of solid down. Went to sleep relatively heavy in cash at 56%. Mostly because I could not resist profits in old favs like QLTI and BLTI, and took some crazies (WAVX) off the table as well.

AZH

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