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To: Earlie who wrote (155161)	3/9/2002 12:49:35 PM
From: Joan Osland Graffius	Respond to of 436258

Early, Thanks for your call on IBM. Fortunately took my profits. Bought the puts as they got cheaper and sold in two lots close to the bottom. Just darn lucky!!!!! Well, if we get some confessions this month we may see the spring of 1931 replayed or we will just have to wait until later. Wish I knew how to read what is happening in the bond pits. Either foreign money is moving - looks like Japan is selling and taking some currency back home. The bond folks could also be smelling inflation or money is just plain moving into some of these overpriced stocks. Suppose the drubbing could be some of all of these. Joan