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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Hardline who wrote (11372)	12/11/1998 9:33:00 PM
From: Ms. X	Respond to of 34821

Hard for me to say. I'd take some off the table covering my initial investment or 1/2 of the amount. I'm not advocating this strongly because the stock looks fine. The other option Hardline is to sell calls against the position. Say, enough calls to cover your original investment should the shares get called. If not, use the cash to purchase more later. Many ideas. I don't foresee a huge correction because of the sector distribution but I really can't predict. If the optional BP and certainly NYSE BP reverse, you should take some defensive position should the chart warrant it.