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To: Rob S. who wrote (12808)	8/7/1998 11:45:00 AM
From: Bill Harmond	Respond to of 164684

>>If the drop ocurs at the end of the day, that should be another confirmation of overall lack of commitment and that the downward trend will move further on the next leg down. ...or it could be a confirmation that today is Friday.

To: Rob S. who wrote (12808)	8/7/1998 12:43:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Rob, I wrote Jan 140 uncovered calls twice at the 140 & 130 price range. (one contract at a time), first time for $1,400(sold at $30, bot. back $14)and second time $500(sold at 31 & bot 25). Right now the premium is @17...I think that it is a "very safe small play" every time the premium moves to $20 to $25 level.