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To: Dwight E. Karlsen who wrote (10008)7/11/1998 11:22:00 AM
From: put2rich  Respond to of 164684
 
Dwight,
I owned 1 Jul 85 put bought at 5 3/4, I guess the premium is evaporated. I just hope that this is the start of the beginning and increasing pain for the bulls that hope next Friday it will close at or below 80. It chopped off 40 points in 4 days, hope everyday it goes down 5 more points on average! Too optimistic, well I think next week market in general is very bearish.