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To: Mr. BSL who wrote (11806)2/9/2000 4:43:00 AM
From: Boca_PETE  Respond to of 15132
 
Mr. BSL: Mental stop loss I've set is a greater than 5% rise in the S&P500 from the benchmark high at Dec 31, 1999 (1469) before I start unwinding the hedge. Also, I've been dollar-cost-averaging into the hedge in 3 equal installments during the current rally - so far have 2/3 in place.

P