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To: Post_Patrol who wrote (63048)	3/27/2000 10:37:00 AM
From: ItsAllCyclical	Respond to of 95453

Post which is it, 10-15% or 20-25%? You're calling for a 10-15% correction from I assume are today's levels. That would correspond to OSX 95-100. But just a few days ago you were calling for OSX 85 which would be about 25% from the 110 level. Which is it? As for the OSX index I don't care that much. I'm not in any stocks that are overextended, nor am I buying the index. I certainly don't see the laggards correcting that much if any. MRO looks very safe today to add to or establish a position. Bought the May 20's for 3 1/2. Sold some OXY calls to do so. Still like OXY, just unwinding on an overweighted position to diversify within the majors.