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To: Dwight Taylor who wrote (8920)	3/27/1998 8:05:00 AM
From: Gabriela Neri	Respond to of 116764

Cant say I disagree. It does seem difficult to beleive that we will have a significant correction right now. But, its setting up for something. I think that any correction near term in hear will be relatively shallow, followed by a big bounce in an attempt to surpass old highs. Maybe market goes to new highs and maybe not(on this rally from the dip). Nontheless, it is this rally where I would look for a short option position(but it could take some time to complete itself). also, we need some fundamental thing to happen to really get the situation turned on its head, like an obvious inflation signal, spike in oil, spike in yields, or who knows what(a hardball coming out of left field most likely). It will happen, but timing is tricky. I think the guy who posted that message is pretty smart.