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To: dennis michael patterson who wrote (23188)5/19/2000 4:42:00 PM
From: Gersh Avery  Respond to of 42787
 
I think that we'll get a second run up into 6/2. If that run is larger than the drop between now and then I'll have to go into a second set of puts.

Center point for the move is 1419.475.

There muxt be a move lower from that point that must be greater than any move higher over the next twenty trading days.



To: dennis michael patterson who wrote (23188)5/19/2000 4:54:00 PM
From: Riskmgmt  Read Replies (1) | Respond to of 42787
 
I expect a rally Monday and Tuesday. Then the final plunhe into the
abyss. I will be long by friday.,


Dennis: Are you saying then up Monday/Tuesday then plunge lower to recover Friday or after memorial day ? If so is this based on Carpino?

thanks,

Ray