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To: Nemer who wrote (30934)12/11/1997 12:15:00 PM
From: Patrick Slevin  Respond to of 58727
 
Reading Larry McMillan's material, he has an OEX close below 459 as a complete trend reversal and reco's buying puts if that is the case.

I am hesitant to stay net short overnight as Triple Witch has had such a tendancy to be a bullish event...plus the seasonal bullishness that accompanies this time of year.

Be right back....my fax has some info coming in....



To: Nemer who wrote (30934)12/11/1997 12:19:00 PM
From: Patrick Slevin  Respond to of 58727
 
Equity put/call is flat and index put/call is 1.40 intraday. Both numbers are intraday bullish suggesting a late rally.

I'm still sticking with the primary system, personally, which as I said indicates lower prices into the close.