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To: ViperChick Secret Agent 006.9 who wrote (30290)	12/4/1997 12:48:00 PM
From: Nemer	Read Replies (1) \| Respond to of 58727

WhiS: The falcon and the goose might be showing some promise. I really like that. OEX has gone into one of those narrowing ranges with which you've become familar. Still no howling from the Dog. Regards-----Nemer

To: ViperChick Secret Agent 006.9 who wrote (30290)	12/4/1997 12:52:00 PM
From: Nemer	Read Replies (1) \| Respond to of 58727

Red Dog Alert: I'm buying OEX puts stop at 472 If OEX reaches 463-464 depending on the momentum and the volume I'll sell half position

To: ViperChick Secret Agent 006.9 who wrote (30290)	12/4/1997 2:24:00 PM
From: Esteban	Respond to of 58727

Lisa, Power went off here for more than an hour here. There's a big wind storm today. I hate it when that happens! <g> Back to the fair value discussion. i have never really watched this PREM thing that closely the number was suppose to be .38 according to the site for sell programs we were at least at .55 when I saw it did we ever go to .38...if not then you have got something worth looking at because we are bouncing back up on the prem I think some programs are triggerd when we get close to the indicated level. I don't know how you know whether programs were or were not triggered. I've got a high after the open of 3.64 and a low of .5 for today's extreme readings so far. I've just started looking at PREM and am not about to base any trading decisions on it until I have a "feel" for it and can integrate it into my trading method. It sure seems to be indicating SOMETHING. I've got a 1 minute chart set up that has the fair value plotted as a line horizontally, and a 21 period moving average. It helps me see the trends more clearly. No conclusions yet. Esteban