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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Cascade Berry who wrote (19903)4/30/1997 5:00:00 PM
From: Oliver Macko   of 28369
 
Chris, I lost you a bit. I was referring to purchasing some puts as a hedge for your long position. This should not be confused with shorting. By purchasing put options equivalent to the number of shares you own (with strike price = average entry price), you would limit your downside risk to the price of the puts.

Regards, Oliver.
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