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To: waverider who wrote (2315)	8/31/1998 12:18:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 14427

G and DAL are up slightly and therefore crying out to be SHORTED. the mkt does look to be trying to make a stand here. Many of the stocks I own puts on are holding at key support levels. We may get a small rally tomorrow, but it won't last. Remember, nothing goes in a straight line.

To: waverider who wrote (2315)	8/31/1998 2:16:00 PM
From: Thean	Read Replies (2) \| Respond to of 14427

Diamond, who knows when SCTR will report earning. They may not make any official announcement but just file the SEC. As LT is concerned about a rally, I'm concerned about a technical rebound as it can happen anytime. I reduced my put position today, closing out MRK and another put I will not mention. Still hold KRB and AFS, as well as PNU and JNJ. If we close strong today, I will look to put again tomorrow after the morning runup. The evil tower has large volume but it did not progress downward. The large volume could very well be the insider sales as three more filed for sales last week. Without these sales, the evil tower could even be up today! Another nut case.