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To: dennis michael patterson who wrote (52729)	9/15/1998 7:10:00 PM
From: The Perfect Hedge	Read Replies (3) \| Respond to of 58727

Yeah the new lows are bad....I just can't believe we've gone up 400 points since last friday..and straight up...and i'm pissed about those oexus's....shoulda,woulda,coulda waited!!! Oh well,guess I'll go hit some tennis balls and let some steam off.... salad may be all I can afford if we don't tank... Da Bears! B

To: dennis michael patterson who wrote (52729)	9/15/1998 7:20:00 PM
From: Jay Lyons	Read Replies (2) \| Respond to of 58727

Dennis, Beebs, et al., As you all know, Favors, Sew, and others are calling for an eventual decline to very low levels. Now, that may not happen tomarrow, it may not happen the next day, but it very well may happen. When it does, it won't happen in one day. You won't miss the entire shooting match if you get there a little late. May I with all humility suggest that you might sleep easier if you were in cash instead of short? Rather than trying to second guess the public, why not be in cash and then when the #@$% hits the fan, go from cash to a bear index fund and ride it down. Remember, there have been a lot of busted players over the years who were right...but early. I sincerely hope that you all score big time, don't misunderstand me...I'll be with you, just a day latter. I'm just a little concerned with this undercurrent of anxiety on the thread. Your fair weather bear, Jay