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To: rolatzi who wrote (26780)	10/11/2000 11:49:49 AM
From: LLCF	Read Replies (1) \| Respond to of 436258

<The VIX is up. Last reading was 32.14. Over 30 is usually a sign of a bottom. However, it's been my experience watching VIX that it will drop down and then spike up again into the 40 range for these really climactic moves. > Board... I agree that this is a good time to take some profits and have been doing so. HOWEVER... so far this is not even on par with last fall! The potential here is staggering, I wouldln't get LONG with ANYONES money, especially by selling puts, and personally I won't sell all my index puts with SPX above 1000. DAK