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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (4077)10/12/1998 10:13:00 AM
From: Alias Shrugged  Read Replies (1) | Respond to of 14427
 
Shorted more IBM at 130. Have 2/3rds position now. Last third goes in if IBM goes to 134-135.

INTC. Shorted 1st third at 84 about 2-3 weeks ago. Am tempted to do the next third right now.

Dell - have 1/4 position now; can I get 58?

WMT - still short alot. Looking at some 55 or 50 puts.

Gold - I have enough shares and calls. Nov 20 ABX puts look OK, so I will but some 25 calls.

THE CEFs I bought looking good.

Mike



To: Lucretius who wrote (4077)10/12/1998 12:33:00 PM
From: NucTrader  Read Replies (1) | Respond to of 14427
 
>>BUY GOLD STOCKS...... NOW!!!!<<
alright already! an = # of shares in NEM and ABX, with a cherry on top [1/4 total # of shares in SWC]. Found it interesting to read that the philosophy of how to make money on AU differs markedly between these 2 companies: NEM prefers not to hedge, while ABX hedges big time, but apparently has the option to roll its hedges forward up to 15 years and sell in the open market.


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