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To: Poet who wrote (6727)	4/19/2000 6:07:00 PM
From: Cosmo Daisey	Read Replies (2) \| Respond to of 8096

Hey Poet, Scary market. I'm looking at a flat to slightly down performance tomorrow so the call writers keep their stock. Huge short calls on QQQ at 90, more than 1.5 million open interest. Wanna bet it closes below 90? This will hold the tech's back, may get an up Naz and divergent QQQ. About 30 stocks in the 100 are at 52 lows. The Naz index is weighted unlike the DJIA so if they sit on the large caps in the Naz that will do the job. Monday turnaround was totally large cap narrow market that sucked the investors back into the broader market. If it works, it works but I am not convinced we will see a big move up soon. I daytraded SUNW today and positioned at the close for a bounce tomorrow. It's getting so I hate to hold anything overnight. I like CC's but don't want to own the underlying stock. Gotta look at April chains to see where the big volume is and try to get tic above it. Timer just rang, Italian bread is done. Making garlic olive oil for dipping. Shrimp and pasta in a cream sauce tonight. ummmmmmm. Too much wine already. cdaisey@in-the-kitchen.com