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Pastimes : Ask Mohan about the Market

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To: Joseph G. who wrote (198)	1/2/1997 5:45:00 PM
From: Imuah	of 18056

Well, that was quite a turn-around in the last hour. Except for the transports and the Nasdaq. I'm still okay with my SOX puts as I was able to buy below the ask at the midday high, but tomorrow is going to be a sweat for me -g-. May have to bail and try again at a higher level, or double down at higher level. I just checked the latest news and as I suspected from the quickness of the closing jump, it was arbitrage-related computer buying. BTW, does anyone know where on the Web to access the PREM # that determines when the computers kick in?? That would certainly be a help for me. Jack

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