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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (73212)	7/10/2001 7:40:57 PM
From: Rarebird	Read Replies (1) \| Respond to of 116756

<ABX / HM which seem to go down often when gold is up and down when gold is also down?> Where do you think HM would be trading today if it wasn't for the ABX merger? $6-$6.25? I'm not complaining. I've profited from the merger. Sure, the Arbs are short ABX and long HM here. I got plenty of puts on ABX to hedge my long HM/ABX equity position and it has served me well thus far. I'm under no illusions as to what's coming. BTW, some of my biggest winners over the years have come from selling short. I personally love to sell short and frequently feel more comfortable on the short side of the market than on the long. I often pyramid my shorts to maximize profit. People who think that profit potential in a short sale is limited to 100%, don't understand the first thing about shorting. Profit is virtually unlimited. I asked you yesterday if you like to sell short and you didn't respond. Does that mean you like to limit your opportunities to profit?