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To: Bud Fox who wrote (14552)	10/8/1998 9:06:00 PM
From: MR. PANAMA (I am a PLAYER)	Respond to of 27307

If it rallies I will buy puts if it reaches a part target. This rally back today was just fluff and was good to soothe the nerves of many.....but the FED does not leak such tings like a few manipulators would like us all to believe. The Brokerage and bank stocks have been so badly punished and this is maybe just a fake relief rally. If certain of these stocks rally further to certain levels I will exploit this manipulation and buy puts. When the next bit of truth hits the fan about Japan or Hedge Funds in trouble these will be crushed with a stronger ferocity. BEWARE of FUTURES after mkt closes and such rumours that the FED is going to make a 50 basis cut. The mkt realized that a close today below the 7400 level would have been a possible disaster....Greenspan and Rubin have shot their loads and mkts are not listening to words of comfort....Clinton has saved the mkt 3 times and he may have used his ammo....Acompora and Cohen have spoken ....not good....dnial is there.... I am ready fer either way , any selloff and any rally ... but most are not so ....GRIM...sittin out first half hour to hour tomorrow.....hahahahaha hahahahha