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To: pz who wrote (10491)	1/7/1998 9:28:00 AM
From: Patrick Slevin	Read Replies (1) of 17305

OEX >If I were a betting man....and I am....I would wait about 45 minutes or so and buy puts. Caveat....this presumes a rally off the gap down open. The S&P futures are now at 968.30 -- I would like to see them rally into the 972~975 area before I took a short position. A day trade, I would look to exit sometime around the bond close. How's that?

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