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To: Bill Harmond who wrote (7317)	5/30/2001 4:10:54 PM
From: craig crawford	Respond to of 57684

William I think I made my involvement with gold quite clear, on this thread and the AMZN thread. I said I had an options strangle play on, betting on volatility. Do you know what that is? An options strangle is where you buy out of the money calls and puts from the same month hoping that the underlying will move a significant amount in either direction. Enough that the move will cover the cost of both the puts and calls. That is the extent of my involvement with gold stocks, you can call that an investment if you want.