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To: Lucretius who wrote (68545)	10/13/1999 12:28:00 PM
From: SeaViewer	Read Replies (1) \| Respond to of 86076

T-bond is now 6.254. <eom>

To: Lucretius who wrote (68545)	10/13/1999 12:31:00 PM
From: KeepItSimple	Read Replies (3) \| Respond to of 86076

Bond is irrelevant. Max-pain is the only thing that runs this market. Just as futures drive the indexes, max pain drives individual equities. The reason is simple- the big boy brokerages write the vast majority of options, and they use the proceeds from those sales to buy and sell the underlying security and move it to whatever price allows them to collect the most time premium cash. if you're looking for a crash, you'll have to wait until monday. >bond is getting whacked a little earlier than i had anticipated...