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To: gbh who wrote (7097)	1/31/2000 4:30:00 PM
From: Joseph Silent	Respond to of 10027

Gary, I think we are headed down for a bit, given the INCA action and the OLB implosion (they've sunk below Oct lows). I may be wrong, but I think the Feb options players are going to take us to 25. But not before making us think we are going higher. There is no strength in the OLB sector. It may come when we bottom out. When that will be I don't know. But I find it hard to believe it is tied to Feb interest rates. Thaks so much for posting level II updates during the day. Its very helpful. Joseph