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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who wrote (18776)	8/31/2003 8:19:09 AM
From: crustyoldprospector	Read Replies (2) of 39344

Hi Russ, Curious why BBY was not on your list of retail shorts. Looks prime to me. May even be worth a LEAP position while volatility is low, and for execution once Christmas results are in (likely to be a disaster IMO). I'm also "shorting" tech with USPIX ... liquid, easy to track sell points on charts of standard technical indicators, and less DD necessary than shorting individual stocks. Additionally, it's a "legal" short play for IRAs. Just noting this for the benefit of folks, who may want to play the market down cycle, but don't have the time for watching short positions on numerous individual stocks. Also, my sense is that the some folk don't have the knack that you have closing their positions (short or long) in a timely manner, and a fund like USPIX partly mitigates the risk on getting too lazy or greedy with short plays. Thanks for the note. Regards, crusty

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