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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (267)	12/19/1997 12:12:00 PM
From: Bexar	Read Replies (1) \| Respond to of 3558

ABX looks like it's recovering. I'm looking to get back in...

To: Tommaso who wrote (267)	12/19/1997 12:19:00 PM
From: Bexar	Respond to of 3558

Maybe I'm wrong? I'd like to see it go over the open first...

To: Tommaso who wrote (267)	12/19/1997 12:33:00 PM
From: Zardoz	Respond to of 3558

Tommaso: Shorting is always risky. I would never suggest that a person enter into a short, just for the sake of shorting. But if you do believe that markets move in technical ways, than there are technical ways to play a stock. Consider the following: Suppose I believe that ABX may hit $22 CDN I can do any of the following: 1) Short the stock {upside risk} 2) Buy PUTS {risk only investment} 3) Buy CALLS, and short {risk is determinable} Often a person can buy for the long, have it run in the short term, and than use the profits as a hedge against the short. But as always, *Consult your financial advisor* But you are correct, shorting can be risky.