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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (19490)	5/3/1999 6:07:00 PM
From: Lane	Read Replies (2) of 34808

Hi Judy, Interesting week ahead. I also feel that it will provide a great opportunity to short puts. I have been following CMGI for awhile now and have been in and out. Put in a limit to short the 270 on Friday, but cancelled it when the market began looking a little too weak. Looks to be putting in a good base in front of the split on the 27th. Will short the June exp contracts and am considering the May. What are you considering? Thanks, Lane

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