Or you can duplicate the clip an put it on a new track above the first, on this clip you put the effect and you can put the transition you want over the effects.
. . . oh of course . .. I was forgetting the "Online Help" in V4. Excellent assistance, read it many times. Much faster than waiting for a response here . .
Not cold here . . bit overcast . . . did a shoot at the weekend .. lovely lovely bright blue skies . . mmmmm . .nice . .. fluffy white clouds, nice people . . or is that nice clouds and fluffy white people . ha ha . . ha. .