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To: The Perfect Hedge who wrote (8288)	1/15/1998 3:33:00 PM
From: Bazmataz	Read Replies (2) \| Respond to of 95453

And this trend is continuing... down. I'm wondering if I should dump my LT position in RDC and continue ST trading it down until the cycle breaks. It's ST chart pattern is fairly classic at this point. Today's downward movement confirms it.

To: The Perfect Hedge who wrote (8288)	1/15/1998 7:24:00 PM
From: Bill Morel	Read Replies (1) \| Respond to of 95453

GD - What about this for a short term trading strategy? Buy puts and calls (e.g. Mar DO 40 Call, and Mar DO 45 Put) and then play the very short term moves on both the long and short side, knowing full well that you are completely covered from major losses if there is a sudden spike in either direction. e.g. If you think the stock is moving down, short it (protected by the call on the upside). If you think the stock is moving up, buy back the short and go long (protected by the put on the downside.) If an up spike occurred and you were long, then you get 2 times the gain (long the stock and the call.) You'd buy calls and puts far enough out so the time value wasn't too expensive on a per month basis... and then just trade trade trade. Comments ?