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To: mishedlo who wrote (126517)10/1/2001 1:39:13 AM
From: ild  Read Replies (1) | Respond to of 436258
 
IMO it pays to have some "core" position and some trading position. NEM is volatile and has expensive and liquid options. I sell naked puts and covered calls. In fact I even have a few NEM naked calls. I have my "core" golds in SA stocks. I hope, like Heinz promised, that their dividents will, at some time, exceed my purchase price.