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To: RJL who wrote (82289)1/5/2000 4:22:00 AM
From: KeepItSimple  Respond to of 86076
 
>the spoos have rallied and are now positive.

Don't believe it for a second. There are a lot of funds and big money players that have realized the mania is over. But they have inventory to unload and they'd like to have an hour or so in the morning to do it. Check out instinet and island trading- all the usual suspect mania stocks are getting dumped like crazy.

Anyone with a few hundred thousand dollars can push the futures up 10 points in thin trading.

If the market opens up AT ALL, use it as an opportunity to buy more puts.