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To: Gersh Avery who wrote (287957)	5/22/2004 1:43:53 PM
From: At_The_Ask	Respond to of 436258

I got calls and puts so ur probably right....g

To: Gersh Avery who wrote (287957)	5/22/2004 2:57:48 PM
From: Michael Watkins	Respond to of 436258

The tension level is rising on all sides of the committed it seems. Message 20155098 It also seems there are plenty of folks in both camps too. Too expensive. Too cheap. Just right. Terrible. Biz is great. Iraq will be forgotten. Iraq will blow up. Bush in. Bush out. Kerry's daugher in see through dress would be better. Got flash? A great pile of angst all conspiring to push prices... sideways. LOL Meanwhile, the prospect of terror before an election no doubt will weigh the market down a little, almost as much as concerns of more difficult comps going forward or current or forward PE of the S&P in a tightening environment. Kicking back and waiting. If a big move is coming in either direction, missing the first day won't be a big deal at all and saves all the angst.