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To: Tom Trader who wrote (41938)	4/30/1998 10:28:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

Tom, >>> I sure feel less lonely now that you are with me on this:)What was your rationale for doing so?? <<<< My rationale was the way the NAZ dropped so fast off its highs. It was up near 19 and now only up 10.58, a 8 point drop in about 30 minutes. Thats substantial. I am playing it for a day trade. I got in when the DOW was up around 114. Cross your fingers. Are you only in for the day also??? My plan is to go long if it drops nicely. I priced the DJX calls this morning when it first opened when the DOW was only up 39 points and the really upped the premium, unsurprisingly. When the DOW was up 115 I repriced them and they only went up 1/16 in value for about a 75 point gain in the DOW. Seeya