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To: Kevin who wrote (29367)	11/24/1997 2:58:00 PM
From: Tom Trader	Read Replies (1) \| Respond to of 58727

>>I bought OEX 460 puts @ 12 3/4 Hurrah--confirmation from Curly Now where is Stooge #3--probably evicting squatters??:)

To: Kevin who wrote (29367)	11/24/1997 3:48:00 PM
From: Electric	Read Replies (1) \| Respond to of 58727

Kevin, Just popped in, looks like that move was a correct one, and you have made some $$$$$ on it today. What is your exit point here, will it take a fundamental move above a resistance point to make you exit? I had another interesting point, using my analysis tool I can also get the same functions for indexes. Earlier I looked at the SPX and as for price, all puts were overvalued, in my analysis this means alot of people are buying them, and your margin is lowered (supply and demand) the leverage on the position was 1-2% only for each move. Does this affect your decisions at all, do you factor in anything other than get ting in?? complicated responses, I appologize.. E