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To: Robert F. Newton who wrote (14162)5/28/1998 11:02:00 PM
From: Trader X  Respond to of 17305
 
Bob, Load carefully.

Even though it looks like there's some strong buying coming in at 35-36 the past couple days, I could see it possibly getting a little lower first, like 30-33.

I'd accumulate CDO a little at a time, carefully here, until it shows some signs of stabilizing. I think it's a bit too early yet, unless you intend to trade it for a small bounce. In that case, this may be as good a time as any now.

Trader xXx


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