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To: mtnlady who wrote (41919)2/2/2001 3:23:56 PM
From: donald sew  Respond to of 42787
 
Mtnldy,

In our website account we were biased to the downside so if the NDX does not rebound more than 25% off its intraday lows by 3:45, then we will sell 1/2 of our short-position and our bias will be to the long side slightly.

As form my personal account will will add a small long position in the uopix today but will maintain my shorrts(uspix), so my hedge will be increased to the long side.