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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%Nov 18 4:00 PM EST

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To: Crimson Ghost who wrote (52082)5/25/2000 3:28:00 PM
From: pater tenebrarum  Read Replies (2) of 99985
 
George, he's 100% right. it's not economical to hedge at current prices, due to the much higher replacement costs. luckily some of the producers have seen the light and curtailed the practice. thanks for the link...

regards,

hb
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