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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.34

+5.2%

4:00 PM EST

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To: Ironyman who wrote (44804)	11/10/1999 9:52:00 AM
From: IngotWeTrust	Read Replies (3) of 116767

Hi, Eric, that URL didn't work...would you please check it for me? I am very interested in the particulars of those $315 naked write gold calls. And I just learned yesterday, that instead of the customary 2 naked writes for each long put option strategy, that there is a whole class of cocky players who did "asymetrical hedges" i.e., THREE or greater naked calls for each long put bought. Talk about skewed!!! And gold isn't just strong because of "Christmas" ---most of that gold is already purchased...it is seasonally strong because of the early buying for Ramadan by those holiday celebrants. Especially in light of Y2K concerns and rising prices. O/49r

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