DREYFUS STRATEGIC INVESTING
N-18F1, 1994-01-20
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                     SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549







   _______________________________________________________________________

               NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1
                  UNDER THE INVESTMENT COMPANY ACT OF 1940
   _______________________________________________________________________






                         DREYFUS STRATEGIC INVESTING
                         ___________________________
                          Exact Name of Registrant





                          NOTIFICATION OF ELECTION
                          ________________________

           Dreyfus Strategic Investing (the "Fund"), an open-end
     investment company registered with the Securities and Exchange
     Commission (the "Commission") under the Investment Company Act of 1940,
     as amended (the "1940 Act"), hereby notifies the Commission that it
     elects to commit itself to pay in cash all redemptions by a shareholder
     of record as provided by Rule 18f-1 under the 1940 Act (the "Rule").
     The Fund understands that this election is irrevocable while the Rule
     is in effect unless the Commission by order upon application permits
     the withdrawal of this Notification of Election.


                                  SIGNATURE
                                  _________

           Pursuant to the requirements of Rule 18f-1 under the 1940
     Act, the Fund has caused this Notification of Election to be duly
     executed on its behalf in the City of New York and the State of New
     York on the 20th day of January, 1994.

                         Dreyfus Strategic Investing


                By: ___________________________________________
                     Mark N. Jacobs
                     Vice President





     Attest: ____________________________________________
              Christine Pavalos
              Assistant Secretary



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