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To: SliderOnTheBlack who wrote (31316)	10/30/1998 11:41:00 AM
From: marc chatman	Read Replies (1) \| Respond to of 95453

CNBS just reported that the last of the bears in the market have turned bullish. I will be looking to close out any remaining long positions. (For those who use me as a contrary indicator, here's your big chance to buy heavily and profit. <g>)

To: SliderOnTheBlack who wrote (31316)	10/30/1998 11:43:00 AM
From: The Ox	Read Replies (2) \| Respond to of 95453

My opinion, FWIW, I don't think OPEC can spring this type of trap anymore. With Venezuela's desire to produce more, regardless of price, and threats by Kuwait that they will also open the taps if others cheat on production cuts, I don't see how OPEC can spring such a trap. Not of the monumental scale employed by our FED friends, 15 minutes before the market closes the day before options expiration. No way. Michael