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To: Esteban who wrote (30380)	12/4/1997 6:29:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

When he's on he's very good. When he's wrong it's 100% wrong. Just like me today. But that's why he watches the spread...among other things....so he can quickly decide that he's wrong. In any event, he most likely is short over night but with puts. I have not spoken with him in some time so he may trade differently now, but I recall he never left a spoo position on overnight. Also...I don't know about Hank, but using the same methods (albeit not with the depth of information and practice) I rarely can call a move 2 days out with any success.