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To: Tom Trader who wrote (42708)	5/8/1998 12:09:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

Good luck, I think it shall be alright. My intraday indicators are turning up slightly. The motion today suggests sudden upward moves followed by a consolidation and slight pullback at various times going forward. If it plays out that way it will be fine with me, I just may parcel out contracts at a slower rate.

To: Tom Trader who wrote (42708)	5/8/1998 12:24:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

If it takes out the high it may hit 1119. I expect some difficulty as people will try to sell the 1115-16 zone. This seems to be consolidating; waiting for a respite. Whether this turns into a snapback rally off the intraday oversold condition of the past couple of days or not will have to be seen Monday. I have modified my plan to sell 4 in the 15/16 zone, as it may pullback from there and I can pick them back up again. A second test of that area would likely succeed in going higher, I think, as the sellers would be taken out on the first pass.