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To: Secret_Agent_Man who wrote (255732)	8/14/2003 12:42:31 PM
From: mishedlo	Read Replies (1) \| Respond to of 436258

Everyone is looking for that breakout in gold. I mean everyone and the miners are priced for it. I sure hope it's time for a huge pullback instead cause I hardly have any. I am in a couple os small put positions but hedged. CSCO Sept 17.5 puts but short aug 17.5 puts. Just closed the short side for .05 and a gain and sitting in the long side at a gain as well. Pisses me off that there is margin on this. There should be ZERO margin on those short puts cause they are covered. M