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Non-Tech : Invest / LTD

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To: Peter V who wrote (4006)10/9/1998 1:05:00 PM
From: Alias Shrugged   of 14427
 
Let these guys rally it up. Maybe its lots of shorts taking profits.

I am trying to pick my shots. Shorted a little IBM; will short more at higher levels. Same with PEG.

Gold - Have not traded any of my shares or calls - am now happy with my ABX puts I bought a few days ago. Would not be surprised to see gold stocks going even lower into the expiration. If NEM goes to 23-25, what do folks think of shorting puts?

Dell - I will short small amounts as (if!) the stock rises, starting around 54-55. Have no position now.

You guys are a very nimble and sharing group. Thanks!!

Mike

Oh, look at the CEFs Mike Burke has been recommending. Lots of them (APF, APB, IAF, SOA, SAF) are putting in very nice bottoms (although not the kind of bottoms that usually command Burke's attention-gg-). These should do well since these markets are cratered AND our dollar is weakening. BWDIK!!!
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