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To: Andrew Vance who wrote (14788)	7/13/1998 10:38:00 AM
From: Patrick Slevin	Respond to of 17305

Mine is still a speculative short on the market. I picked up 320 points on a half position this morning then got stopped out on the other half on the ensuing rally for a 10 point loss. If you try anything like this, recall that it's expiration and stick to August options. Also, try not to hold overnight. I'm not looking for much of a drop anyway; perhaps 12 or 15 points on the SPX.....we'll only get more if the low end supports crack; I have those around mid 50s basis the Sept S&P contract. I have to get back to this neural net thing-a-ma-bob I'm working on. I wish you were heading back the NY, you could could help me with the data load. I'm at an impasse.