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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (34758)3/27/2003 12:06:38 PM
From: AugustWest  Respond to of 57110
 
ABX was better known for that.

Yeah, I knew ABX was more into the hedging.
I think with CSFB downgrading NEM this morning, per CNBC, they(or another brokerage) said they would put their money to work in other miners such as ABX.

Not sure if that makes sense unless they are going on the basis of what I had mentioned to you in early Feb about now(then) would be the time to perhaps sell some forward, when POG was hanging around in the $360+ range.

If they didn't sell too much, maybe a Q or two worth that might work out well for the S/T.



To: Jorj X Mckie who wrote (34758)3/27/2003 12:10:21 PM
From: AugustWest  Read Replies (1) | Respond to of 57110
 
BTW, got any PnF thoughts on AVID's looks around here?
I'm still sitting on some short there with an average of 22.84 right now.
Keeps tempting me to cover each time it nears 22.5 and below
And irritating me every time it gets above or near my short entry.

I's sure like to hold out for 21.5 or better on the down side.