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To: Yin Shih who wrote (2299)	3/9/1998 10:06:00 AM
From: Angelo J Cici	Read Replies (1) \| Respond to of 3506

Buy and sell on a daily basis while holding a core permanent position! Naked put options may be sold with only 20% down, so more can be done with the equity than if you buy on margin. When the market is down like today, I usually sell DELL puts short, then tommorrow DELL is back up 5 to 8 points, I cover my puts! You have to be active! Just on 2 puts on DELL today with $2000 equity, I will make over $1000 by tommorrow morning when I cover! Compaq news does not affect DELL.... With the money I buy more BGEN and ORBI up to about $5000 into margin.... Just an example.