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To: donald sew who wrote (49157)8/4/1998 9:23:00 AM
From: ratan lal  Respond to of 58727
 
Don

Spoos up 6.6 That would take the dow up 50 to 8830.

Do you strenght beyond that today ?

Just like yesterday we may go up, turn around and do that 3 times. Will you be initiating Puts at the first resistence or wait for the 2nd or 3rd (if the market should follow yesterdays pattern) ?

ratan



To: donald sew who wrote (49157)8/4/1998 10:09:00 AM
From: ratan lal  Respond to of 58727
 
Don

Well we are going thru our 1st cycle with a high of 8857 and now headed down to ??

No puts initiated. WIll wait to see if the next runup (if any) will break the 8857 high of this morn

ratan