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To: IceShark who wrote (36469)	11/11/2000 3:16:31 PM
From: patron_anejo_por_favor	Respond to of 436258

Ice...I believe they have some exposure, that they don't "lay-off" all of the junk. Probably required as a condition for selling the trash in the first place. I'm sure the actual terms vary widely though, and there are tons of derivative games being played on all sides. That said, PVN was looking pretty lame on Thursday and Friday. I think you were smart laying your poots off, I sold my November GTW's on Friday, but I'm getting "non-sellers remorse about the rest". I'm mostly left with out of the money poots, and they're lottery tickets anyway. Right now I think we gap down on Monday, if we rally they'll try to PPT it and turn the market. Could get some bearish news from OPEC if they decide to limit production further (maybe to try and exert some subtle influence against Gore, but that's stretching it).