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To: ScatterShot who wrote (55644)	8/9/1999 4:20:00 PM
From: coug	Respond to of 86076

Thanks John For the heads up.. I checked my oil and mining portfolio and seen they were mostly up.. FWIW, after the close, still on that shaky buy.. good luck all... coug

To: ScatterShot who wrote (55644)	8/9/1999 4:26:00 PM
From: MythMan	Respond to of 86076

Big day all around for the golds. Even that little pos GSR -g- quote.yahoo.com

To: ScatterShot who wrote (55644)	8/10/1999 12:14:00 PM
From: Shelia Jones	Respond to of 86076

John, Found this in the WSJ today regarding HM: >>Firm Reverses Course In Homestake Mining, Retiring Bearish Positions In Puts and Stock An institutional firm that is said to have large positions in the gold sector reversed course in Homestake Mining Co., apparently adopting a conservatively bullish strategy, while retiring bearish positions in the gold company's puts and stock. The four part trade, which involved 68,000 options contracts and a large block of stock, traded between two firms at the Chicago Board Options Exchange, but the size of the trade attracted attention on a quiet day in the market. The firm bought 17,000 of Homestake Mining's January 7 1/2 calls and sold 34,000 January 10 calls in anticipation the stock would rise to 10 before the contracts expire, traders said. The firm also bought 1.7 million shares of Homestake Mining's stock to cover a stock short position, while similarly buying 17,000 January 10 puts, traders said. "He lifted the bearish leg," a trader at a top Wall Street firm said.<< That last para has an ominous quality to it. <g>