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Non-Tech : American Express (AXP) -- Ignore unavailable to you. Want to Upgrade?

To: Axxel who wrote (101)	1/5/1999 8:26:00 PM
From: Stephen M. DeMoss	Read Replies (1) \| Respond to of 179

Axxel, What do you make of today's action? Are you suggesting one should by calls here as the stock has continued down (even on a strong day for the markets)? On possible calls, what are you recommending? Leaps? or just month to month? I like the company but believe it and most blue chips could use a 10+ correction before they have a good base for a strong move up. I am inclined to wait for this haircut (3rd week in Jan.?), before jumping in. Thoughts? Steve D.