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To: IceShark who wrote (6179)	9/16/1998 9:38:00 PM
From: Joseph G.	Read Replies (1) \| Respond to of 86076

<<I don't know what is going on other than MM went BK and we are all screwed on shorts as a result. >> That, and the fact that option writers can save ~$5 bill if SPX opens Fri at about current levels - they can hold the level in absence of massive selling. I should check if lots of puts were already closed - maybe they can allow it to drop tomorrow ... PS, would've also helped by a bunch of rich Clintonites deciding to show their support of him via the market mechanism ...