BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. Message Board

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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.

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To: Tom Trader who wrote (8479)	3/27/1997 11:08:00 AM
From: IngotWeTrust	of 28369

Tom, other than my core telephone utilities (paying handsome divies for years and years and years+are great marginable stocks[grin])and very very selective ownership in gold stocks, I'm primarily an option writer nowadays. But, since I have to have a sense of timing to take advantage of option writes, I believe IFFFF I were to be interested as you are in "slop-over nuances," the best way to play some of these is outright shorting of rallies in the newly broken ones back to the points they broke down from until the dust settles 6 wks from now. Bre-X brush is a very broad one & likely has not discouraged t'most people just yet...in otherwords, the margin calls haven't been issued on BXM yet!!! Therefore, the profitable and truly non-area play stocks *with profits still in them* have yet to be sold to pay for margin calls when BXM IS allowed to trade again. This will present the second falling knife, IME. Extreme patience is called for in times of extreme opportunity, FWISA! G/Luck and thx for writing. O/49r

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