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ajtj99

02/26/03 7:51 PM

#80721 RE: mish #80717

It depends on what month those puts are and what strike. I'll assume they're March. The conservative play would be to close them on a possible re-test of NDX 969 in the AM. The aggressive play would be to wait for a test of the 938 low if you believe we are going to be going down into early to mid-March.