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To: Enigma who wrote (44863)11/11/1999 5:08:00 PM
From: re3  Read Replies (2) | Respond to of 116790
 
buying a bit of abx and selling the calls on it works for me...its a hedge of my own against the au's and asa's and harmonies of the world...in case pog stays lower abx is good due to its hedges and , hey if pog goes to the moon, i won't care if i lose on abx as i'll clean up on the others which are the majority of my holdings...

no big deal and i think the tirade against abx is much hysteria...if people don't want to buy the hedgers, then that's the time TO buy them...