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Thanks, Earl.
You've encouraged me to take some profits in cotton and the grains, figuring 
a pullback is probably coming.  If not, there are always cocoa and OJ.  Some 
of the profits are coming in the form or cash from selling OTM calls.  I 
still find it difficult to actually spend money on OTM puts, although I know 
that in the past there have been many times where it would have helped me.  I 
appreciate your detailed sharing.  Makes it sound easy, which I know it is 
not.
Larry
In a message dated 01/13/2000 6:06:05 PM Pacific Standard Time, 
eadamy@xxxxxxxxxx writes:
> Yes, good question. I'll use corn as an example although there are many
>  commodities to which the techniques apply.
>  
 
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