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To: accountclosed who wrote (17950)	2/4/1999 9:33:00 AM
From: bill meehan	Read Replies (2) \| Respond to of 86076

<<Bill, what is reported Nasdaq volume at this hour of the day?>> These are pre-opening trades that firm's like mine are executing. (One of the big reasons we're not members of the NYSE is that we are very active before the market opens). It seems as if every time I mention that 1290 level on the S&P to clients (which I did this morning) the market backs off. Let's see if it works again. I'm sure that if I bought just 1 OEX call it would be good for at least a 10% correction <g>.