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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Harry Ehrlich who wrote (23625)	11/16/1997 8:16:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 61433

There's one aspect about being in cash that I really appreciate. You can stay active in the market; day trade like a maniac; and sleep at night. Harry, You have a great point. Something I may resort to in the future. The last two months has made all aspects of my life without joy. The stress it nuts and my high risk investing style causes damage control on a daily basis. Nice way to start a Sunday AM<G> I'm not sure how to interpret those options, there is more action for the puts than the calls. Possibly, the market will rally to 8000, rendering all those 75 puts worthless as well the calls at 80 (not much action on the 75 calls). I'm not perfectly clear on how that works. But I feel comfortable that the Dow will stay between 7500 and 8000 for the week. I have not been folowing the options on the DJX since they opened. I took a brief look and believe the DOW will end the week at 75 and change based on OI. This would be most profitable for the market makers. The 75 change change would mean like 7550, etc. There is another market concern that is heating up. The Iraq situation could change the entire picture. Glenn