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To: Cynic 2005 who wrote (15999)	1/15/1999 5:06:00 PM
From: yard_man	Read Replies (1) of 86076

I don't know that you jumped on too quickly -- it is natural for there to be put buying after what happened this week -- doesn't mean it all has to be fool-hardy -- it is good to wait for vol to calm down, but what do you do if you really think the big one is close ... A one day change in the p/c ratio doesn't tell me anything .. I wouldn't call a 33% jump in Brazil a sign of health -- that's why I paid up a little for a few puts ... something has to give ... nothing has yet

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