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Strategies & Market Trends : Waiting for the big Kahuna

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To: J.T. who wrote (1333)	6/24/1997 9:42:00 AM
From: Mike Fredericks	of 94695

<<Bill, This morning they "buy the dip". Dow will be up 60-80 in first half hour.>> Try, the market will be up 84.36 in the first 9 minutes. If the "sell into strength" folks can get this to be a down market today, then maybe someone somewhere will start to worry. Otherwise, I'm glad I only put 1/3 of my put capital into play, and that I bought Sep options. -Mike

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