wednesday trading, page-31

I'm not sure what the put./call ratio is for Aust. but know the put/call ratio in US was heavily in favour of the shorts so the MIB will want to keep the market up so they can expire worthless. At the same time there were quite a few calls as well which they would want to expire worthless so the best thing to do is to keep the market fairly flat to neutral for the rest of the week.

I'd really appreciate some comments on this point as I'm not sure what the situation is here.

I have also noticed that unless some more vol. comes in in the next 45 mins that vol on the XJO is down today.