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Strategies & Market Trends : Strictly: Drilling II
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To: Paul Shread who wrote (9043)3/7/2002 1:04:32 PM
From: cliffp  Read Replies (2) of 36161
 
Paul, a number of articles said there was support at 290 so it is disturbing. As it started to drop below 292 I picked up some XAU April 60 puts as a sort of hedge. I don't know what the best hedge would have been but I figured XAU puts were better than nothing.

Anyone know what a good general gold hedge would have been? TIA
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