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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (13511)	2/7/2002 11:28:16 AM
From: Oral Roberts	Read Replies (2) \| Respond to of 23786

If we end anywhere near where we are right now I am thinking that we will have put in a short term bottom. I would expect a rally to the 1860 area before resuming the swan dive. Not being a very nimble guy I'm trying to decide if I want to cover with the hopes of getting back in higher or just ignoring myself and my total inability to judge the market.

To: Jorj X Mckie who wrote (13511)	2/7/2002 11:33:31 AM
From: jcky	Read Replies (1) \| Respond to of 23786

You bring up a very good point with the VIX. I sold naked puts today on some very distant support levels (against the buyers who are seeking some last ditch protection) for some tech companies betting the next leg down won't occur until after option's expiry next week.