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To: AllansAlias who wrote (53960)	9/19/2002 2:51:44 PM
From: yard_man	Respond to of 209892

think if the Philly hadn't a been spun positive <g> Not impressed by the selling yet ... need several days of real high ticks I'd sell DOW puts here, if I didn't think we breakdown in the next couple of days -- but it looks pretty likely

To: AllansAlias who wrote (53960)	9/19/2002 2:55:42 PM
From: Johnny_Blaze_420	Respond to of 209892

getting ready to open up the pocketbook again. I didn't dump my other calls so i'm stuck with em, but that was only 10%. looking to put another 20-30% into this low within the next day or two. Also looking for a break of 8k and firm downward pressure. I think the lows should be retested to "confirm" the bottom but that doesn't mean we don't stop sooner. Will begin buying from 7900 on down in the dow oct calls with strikes starting from 80 and moving down in $2 increments.

To: AllansAlias who wrote (53960)	9/19/2002 2:56:13 PM
From: Paul Shread	Read Replies (2) \| Respond to of 209892

Nasdaq well on its way to a 90% downside day if this keeps up. Not so NYSE (just yet -g).

To: AllansAlias who wrote (53960)	9/19/2002 3:09:01 PM
From: JRI	Read Replies (1) \| Respond to of 209892

EDS leg-chopping is stunning...trying to recall last time a firm w/such a market cap/history (not counting dot.bombs)/etc. took such a huge one-day hit (% wise)...and can't come up w/any names... I'd think being in gap now assures 1205 minimum? Groundwork sure seems to be getting laid for some serious fear here/soon.. I wonder where muni-fund cash levels are at....in mid-July, they were getting awfully close to "run on the bank" scenarios...and we all know what that could mean..