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To: Nemer who wrote (37058)	3/20/1998 12:43:00 PM
From: ViperChick Secret Agent 006.9	Respond to of 58727

Gramps lisa says ---watch these types of coils carefully, you got that right...I bought for the upside...got a point..I am trying to get out right now for 1 1/8 profit but buying april cause i am too chicken to trade march

To: Nemer who wrote (37058)	3/20/1998 1:46:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

Sure. Everyone knows bear markets are only allowed to last one day. Actually, the damn phones rang off the hook for the first half-hour so I did not get a chance to concentrate on getting short. A shame, as the SP8M dropped almost 7 points from the open in the first hour. So, annoyed that I would now have to work almost all day, I actually "sucked it up" and went long at 1101.40 Sold 1/4 at 1103.80, 1105.00, and 1109.50, so I still have a quarter of a position left. If I did not lose so much at gin Wednesday night I'd cash the rest in and hit the golf course. Anyway, it's been a profitable day.....I'm not as excited as Jerry, but it's been good. Beware though.....when the bears start getting long what could be around the corner? Say, right after window-dressing and on April Fool's Day.