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To: ViperChick Secret Agent 006.9 who wrote (30690)	12/9/1997 11:00:00 AM
From: Kevin	Read Replies (1) \| Respond to of 58727

>>>If you would buy when it hits your break point...and you would still be in the puts anyway because you wouldnt have sold...then why wouldn't you buy .....(especially if the puts are cheaper AND you are still on your sell signal) <<< You're right...IF I was able to get the signal when it was generated, I WOULD still be in the puts. But just because they are cheaper now, does not mean I will jump on them anyway. I've said this over, and over and over...I wait for the rbeak from the neutral zone. While typing this, the SPX did break back above 978.26 and the SPZ7 went above 980.40 and both have retreated back below their breaks once again. I bought OEX 470 puts @ 6. Even if I could have gotten them cheaper like you said, I'd still rather wait, be there for the break, and then trade it. Kevin