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To: clochard who wrote (59807)	9/1/1999 1:45:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 86076

September and October...but i'm busy cutting back on all September positions and will use the rally to buy November far otom puts, purely on a nagging feeling that we might crash in October...what we need is something like an earnings warning from IBM, and i have an inkling that we will get one in due course. many of the hi-tech darlings of WS will start to feel the Y2K lockdowns in their order books. since interest rates are already hostile, we need just a few high profile warnings and the floor will suddenly disappear....