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To: tdk who wrote (922)	2/23/1997 7:37:00 PM
From: hpeace	of 4749

tdk, first rule is a sound compnay.. they usually don't drop like that and you catch a drop like that if you watch it for a year first. also, you will buy stk and try to catch a low.so why sell the cc. wait to do that to. don't try to get strangle all the time. only around times of trouble. after you sell the cc. then buy it back if you can large enough gain. best is sell the cc in AM for 3 and buy it back in PM for 1.5. I'll be trying to get strangle in april. In march i'll be buying the upstrike call and then selling the stk as it rises to the upstrike call and letting the call take me the rest of the way. march has btb and the fomc meeting that can casue problems

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