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To: GS_Wall Street who wrote (809)	11/11/1997 9:53:00 PM
From: Cadaver	Respond to of 852

I'm sorry, I should have mentioned the time-frame. Blue chip stocks will be the first to recover when the market revives. So you can sell LONG TERM puts on them. (3-6 months) My last para "If you have nerves of steel, buy Nov puts and let them expire" should read "sell nov puts and let them expire" (otherwise it doesnt make any sense, does it?) "Nerves of steel" means you are confident market will recover before expiration. -Cadaver

To: GS_Wall Street who wrote (809)	11/17/1997 7:27:00 PM
From: Cadaver	Read Replies (2) \| Respond to of 852

Tomorrow is the time to buy back the puts. There might be a slight pullback tomorrow or wednesday. Nerves of steel...that was pretty close. -Cadaver P.S: I know it sounded crazy when I said it was time to sell puts. But thats how you make money... All my statements have generated some questions...But I have been right nearly every time... Rule 1: dont give any credence to the "market falls due to iraq" type of analysis. those guys dont know what they're talking about. They need to write columns, speak on T.V. etc. so they come up with something.