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To: PnclNk who wrote (1702)	8/11/1998 8:52:00 AM
From: Lucretius	Respond to of 14427

Thread: WOW! Just got to work and turned on the TV. I must be honest: when I made that post last night I had no idea that the foreign mkts would implode the way they have done. I expected a 50 pt down day followed by a more serious sell-off on Wed and Thurs. The implosion is starting even sooner than I thought. I'd stick w/ puts instead of shorts. Things are going to get VERY volatile. WIld swings will likely cause you you to cover when the best course is just to stay short thru Oct. Puts will allow you to do this. It will get MUCH MUCH WORSE. -Lucretius