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To: Gerald F Bunch who wrote (4526)10/22/1998 7:38:00 AM
From: Thean  Read Replies (1) | Respond to of 14427
 
Thanks Gerald, PVN looks better from risk/reward standpoint than AFS. Its implied volatility is lower too. D - you may want to switch into PVN in appropriate time.

Resistence is near 80 and downside is anywhere below $70. The huge call write yesterday is Nov 70 so someone must have made a huge calculation that there is a good chance PVN will dip below $70 sometimes before the option expires. I think PVN is worth taking a look as a credit card short. Thansk again Gerry.

Gold - NEM may break below its support today with gold tanking again overnight.