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To: The Jedi who wrote (36542)	3/11/1998 10:28:00 AM
From: donald sew	Read Replies (4) \| Respond to of 58727

Kiri, Please do not take my position as being defensive. In fact, the VIX analysis was actually supporting the change to my position. There were similarities, since your analysis indicated that the upswing will continue 7-9 days from 2 days ago which I interpret that to mean that this upswing bias will end next TUE-THUR, and that the weaker period will start then. My analysis postponed my original position in that the weak period will start MON-TUE. I also indicated that there should not be a strong pullback before MAR expiration, just a mini dip like we had last week, or just a flat period, which is a position of strength, not weakness. Seeya