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To: Stephen M. DeMoss who wrote (27996)	8/3/1999 10:08:00 PM
From: Joe S Pack	Read Replies (1) \| Respond to of 41369

Steve, I think I may be bit early. But my understanding is that I cannot time "the bottom". It will be part of averaging down. I paid 30/contract for ZKFAR (90, 2001 leap) and 8/contract (120, 2000 AOOAD). You are correct it broke on the key support. I am expecting a small bounce for a possible hedge (buying protective put) and watch the market. I know it is a long summer before we get out of all -ve sentiments and the ongoing correction. But you never know. I trust the management and they know what is at stake. All the best. -Nat