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To: The Perfect Hedge who wrote (3332)	9/24/1998 4:00:00 PM
From: waverider	Respond to of 14427

Those bastards aren't spookin' me. $43 will hold this bugger where it is. However, for us to make money, it will have to go down. Options don't last forever, unlike shorts. If you have January's, I'd hold for at least a month as long as we don't have some huge upside breakout over 43. Don't let this recent up swing bother you. Stay the course. BUT reevaluate if we break 43. <H>

To: The Perfect Hedge who wrote (3332)	9/24/1998 6:17:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 14427

no, there was some sham analyst meeting this afternoon that a buddy of mine told me about. I knew about the meeting and the news last week so I'm fairly certain that mkt players did. That's why the stock has launched. It will come down when everybody sees that the world hasn't suddnely chnaged. I shorted it again this afternoon.

To: The Perfect Hedge who wrote (3332)	9/25/1998 12:35:00 AM
From: waverider	Respond to of 14427

I'm no more surprised by today's up move when the market was down than I was when it did nothing when the market took off yesterday. Which movement do you want to believe tells our future here? Today was a move on rumor, tomorrow reality will set in and NKE will drop. That's my take. <H>

To: The Perfect Hedge who wrote (3332)	9/25/1998 1:27:00 AM
From: Lee Lichterman III	Respond to of 14427

scratch BGEN from the list. Looks too stable in the past and has low option volume. Bad news there. IBM and a second strike on GTW possible but need to see how market looks then need a good entry before pouncing. Would not try GTW unless it makes a short run and then reverses as 54 1/2 is pretty strong support. If you try IBM, support is around 127. Might be better off day trading the OEX until next week though since this market could go either way tomorrow. If it was the beginning of the week, I would say we were going down 100 on the DOW but since it is Friday, they will probably try to keep the indexes up so the sheeple will think every thing is alright after seeing the weekend papers. Good Luck Lee