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To: Lucretius who wrote (142187)1/8/2002 8:33:52 AM
From: yard_man  Respond to of 436258
 
if I had an account on the JSE, a few of those puts to hedge a possible decline might not be such a bad idea ... OTOH, I don't think price is so neatly related to supply like he suggests ... the depreciation of the rand explains a good part of the move -- that he has right, I think.



To: Lucretius who wrote (142187)1/8/2002 9:13:01 AM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
i don't think he's done his math very well... the rand was a gift, the dollar price will be the reward.



To: Lucretius who wrote (142187)1/8/2002 10:42:11 AM
From: ild  Read Replies (2) | Respond to of 436258
 
Did you notice Heinz' reply:
m1.mny.co.za