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To: Lucretius who wrote (27)4/3/1998 7:20:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 170
 
I think if we have one good example of blood on streets Japan fits in very well. I have last night purchased JPN 170's for June selling June 150 puts-- very risky but I think hedge funds are big shorts in OSAKA on Nekkei futures and probably will cover soon . Let us watch carefully. You need lead to take long positions here however for long term I see good valuation.