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To: ViperChick Secret Agent 006.9 who wrote (9944)	12/2/1997 10:33:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 17305

Pattern is running late. A couple of Sell programs failed. OEX has still not gone positive, neither has SP7Z. SP7Z bounced off the 974 range we spoke of, so the higher end should be tested before the (probably mild) drop starts. Originally I thought this move might come after 11 or so EST. As it is now, I would say once this backs off there is a midday rally and a late defensive selloff. TICK is favored by OEX traders because SP7Z governs OEX option pricing. TICK is watched by both traders.