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To: Tom Trader who wrote (27500)	10/30/1997 4:14:00 PM
From: Electric	Read Replies (2) \| Respond to of 58727

Tom, Bob P thinks your right, you called this back on the 300 gain day, and I am with you... now to get the courage to try an index.. I think tomorrow may be lower but for sure a retest... I wish TBR calls/Puts were in line price wise, it is amazing to see the volatility.. I bought some foolish TBR Jan 165's and because everyone is jumping on board them I saw an appreciation today.. too funny... Tom I read your post on creating a synthetic position, could you give a senario of one that you started and finished, I think I understand but it seems odd that you are buying puts so far out... Regards, Electric