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To: epicure who wrote (6024)	1/10/1998 1:01:00 PM
From: Jack Clarke	Read Replies (2) of 71178

Hi Alexa, Abby Cohen has indeed been bullish (and to my dismay correct) despite those overvaluations we keep talking about. I keep repeating my mantra: It has never before in history been a good time to enter the market at valuations approaching these levels. Maybe it really is different this time. I have never shorted against the box, but your explanation sounds reasonable and should accomplish the goal you describe. You can also sell covered calls, which I have done. Jack

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