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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: excardog who wrote (1179)	5/15/2001 12:03:14 PM
From: upanddown	Read Replies (1) of 206135

I'm leaning as of now to thinking that the deficit will be zero by no later than the AGA report week ending 6/15/01 Based on current trends, that looks like a reasonable point to overtake 2000 and that has to lead to some price erosion. June also has the earliest possible options expiration (triple witching?) of 06/15/01. So how do we play it? My short calls on the OSX/XNG for May are looking kinda sucky right now but I may just lick my wounds and try it again for June. I will also be looking for pricier issues to sell naked calls for June. Any suggestions as to who would be most vulnerable to an NG dip into the 3's? Not interested in going beyond June because of the uncertainty of NG demand during the summer. John

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