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To: Tom Trader who wrote (31128)	12/12/1997 3:55:00 PM
From: MonsieurGonzo	Respond to of 58727

Tom; RE:" Shorting CALLs vs Buying PUTs " Thank you for your interesting and informative response, Tom Trader. Of course! {grin} when one wants to buy-to-close at a lower price, it makes perfect sense to take advantage of the decay in time value. Very clever, indeed. I have learned a great deal from you and the many other experienced traders here, and had fun doing so. Although I've been hanging around SI for some years, I never participated in the threads much before - and gotten to know the regulars, until this year. Trading is a stressful endeavour, and it's good to have cyberfriends to share the stress and success with (^_^) Another fellow, named "Berney", who hangs out on the little INTEL TRADER thread, is an investment/tax accountant and totally into F/A. He has suggested a classic buy-and-hold portfolio for the long-term investor, which has been intersting to watch. Here are the components: BNE - Browne & Co BSC - Bear Stearns CON - Continental Homes DELL - Dell Computer INTC - Intel JEF - Jefferies Group KDN - Kaydon Corp RJF - Raymond James ROBN - Robbins & Meyers ROST - Ross Stores Best regards, Steve