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To: jim kelley who wrote (89095)1/13/1999 5:08:00 PM
From: Chuzzlewit  Respond to of 176387
 
Jim, I think commodity prices, particularly oil, are at the heart of the problem. I am not advising people to get out of the market, but I think it behoves every investor to watch this situation very closely. I sold at or slightly out of the money calls against all of my positions today, completing a defensive move that I started earlier this week. For now I will watch events unfold.

TTFN,
CTC