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Pastimes : CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT. -- Ignore unavailable to you. Want to Upgrade?

To: coug who wrote (157)	8/27/2000 11:19:50 PM
From: IndexTrader	Read Replies (1) \| Respond to of 306

Hi Mike, Well, we shall see about my OEXUT. I almost sold it on Friday, but decided to give it one more day. I'm thinking we move up early Monday morning by a few points, and then begin to sell off. If we surpass the high of Friday and move past the previous July high (1517+), then I suspect my lonely put will be worthless. It is hard to see that happening. Everything seems to have rolled over except price. If price does turn down, I may add a couple more puts. There is a cycle low on the 30th/31st. Then there are important cycle highs in Mid September. So hopefully this will be a short decline and will get the indicators in gear again for a Labor Day rally. Sounds like a very good book. It seems to be true with everything, that the best way to understand something is to become a part of it. And you are right, our lives do not depend on it (the market), but if it is one of the things we are interested in, then it is worthwhile to understand it best we can. I suspect your interest is not just materialistic. That is just one aspect. The markets are just plain fascinating. Well, have a wonderful week. Susan