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Non-Tech : Eagle Hardware (EAGL) The Next Home Depo

EAGL 1.550

-1.3%

Jan 21 4:00 PM EST

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To: Tim O. who wrote (15)	1/31/1997 7:51:00 PM
From: Gary Ross	of 389

Tim, I would like to tell you that I have a sophisticated trading strategy but that would be dishonest. I do watch the chart and use moving averages plus the bolinger bands to help me make an educated guess. I have learned through experience that the most important aspect of my strategy is the selection of the stock. Sometimes my timing is off and when I get puts assigned I reevaluate the common and if I still feel the same I repeat by selling more naked puts. I usually sell the far out (3-6 months) options for higher premium and more time to take advantage of fluctuations. I am not good at damage control so sometimes I have to wait a long time for stock to recover but that is what I do. I do take tax losses at the end of each year when appropriate. Gary

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