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To: Kevin who wrote (27197)	10/28/1997 10:25:00 AM
From: Constant Reader	Read Replies (1) \| Respond to of 58727

Kevin, how you can manage to smile, much less type, after a night of celebrating is beyond me! Hope your system recovers soon. Take care, Randy

To: Kevin who wrote (27197)	10/28/1997 10:40:00 AM
From: Tom Trader	Read Replies (1) \| Respond to of 58727

Hi Kevin--good for you on your puts!! I am looking to take a half position in OEX puts when the DOW gets to the 7400 level and the other half as it gets to the 7600 level which should be strong resistance. This is with a view to having the puts that will enable me to take long positions in stocks that I want to own. sot he puts are insurance. I am basing this on the fact that it is very unlikely that the market will just turn around and head right up. Your thoughts please on these levels as being resistance and the likelhood of a retracement to the 6900 level.