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To: patron_anejo_por_favor who wrote (255771)	8/14/2003 2:26:11 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

lots of QQQ put OI for Sept ... I think if we drop even the slightest bit, I'll buy the call side and make it a straddle.

To: patron_anejo_por_favor who wrote (255771)	8/14/2003 2:28:46 PM
From: yard_man	Read Replies (3) \| Respond to of 436258

I think the SA miners are not priced for POG=380 -- they are priced for 330. I don't think there is much downside risk in them at all -- some of these others?? sure they could drop 25% in a heartbeat waiting for the next up move in gold -- esp BGO, GSR ..