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To: Jerry Olson who wrote (1813)10/18/2002 11:45:17 AM
From: HoodBuilder  Respond to of 1854
 
As bad as things are we did get a reversal in the S&PBP albeit off of a higher low. The Bears are in denial which will add fuel to this move although I still believe we will see the S&P trade with a 6 infront of it before this is all over. We may just have to wait until next Spring. At 1000 on the S&P we have a valuation problem again and I plan on loading the boat with Jan04 Puts if we ever get back there.


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