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To: Andrew Vance who wrote (13680)	5/6/1998 7:27:00 PM
From: Tech Master	Read Replies (2) \| Respond to of 17305

>>> I have created a wealth of staying power by zeroing out my margin balance and generating cash reserves.<<< Great minds think alike....I've been attempting to do just that for the last few trading sessions. Let Uncle Alan do whatever he wants with interest rates and we can go do some "value" shopping afterwards <ggg> Tech Master

To: Andrew Vance who wrote (13680)	5/7/1998 8:30:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 17305

It is my own impression. I sense myself becoming bulletproof again. This is generally a prelude to walking into a SCUD missile. My fear, as I mentioned to Scott, is that the Employment/Non-Farm numbers tomorrow have the potential of either immediately tanking the market or allowing it to rally for a time first. I wish not to get to bellicose about this, as it would likely cloud rationale thought. My thinking is that we rally today somewhat from mid-morning into late afternoon in front of the reports tomorrow. I am going to try to find the peak of the day and acquire a small short position ahead of the morning. If the numbers are soft, I shall immediately close the short and wait. If they are hard then I would think a nice cruise down the hill would be in store through Monday. Just my thoughts. It's possible I won't even play what I expect to be the mid-day bounce. I will be too focused on trying to pick the high. If I had to pick a number.....which I hate to do....the number would be between 1112 and 1115 on the SP8M. If I had to pick a time....which I love to do....I would be hard pressed as my data files were corrupted last week while I was in South Carolina. So, a truly WAG would be 2:05 ET, 3:05 ET, or right at the close. If I nail this I shall definitely disappear for a while....because I am going to party. BTW; If I have not mentioned it, that was truly a nice move on whatever that stock was. I have had days where I came close to losing that much, but I have never made nearly that much in a day, let alone in an hour or so.