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Gold/Mining/Energy : Pride Petroleum Services (PDE) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Zeman who wrote (387)	3/2/1999 2:08:00 AM
From: DEER HUNTER	Respond to of 454

Bill.....was just thinking about strategy. If you are truly nervous as to how the next two years will play out there are a few things you can do. I'm sure you have thought of all your alternatives..... you sound very experienced at this game and have been around the block sort of speak when it comes to investing. Anyway.....you can always short the stock 'against the box' if you believe it is going lower for a prolonged period or just sell out of the money calls against the position. I guess the former depends on what your average cost is cause selling against the box is typically a tax strategy I think. Just some thoughts. Good luck. Looks like a rally tomorrow in this one....at least that is what it looked like at the close. DH