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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures
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To: Louis V. Lambrecht who wrote (2566)2/6/2003 3:35:43 PM
From: Chip McVickar  Read Replies (1) of 12411
 
Louis, which Silver Options do you generally use close or out of the money....?
I've traded both Gold and Silver options as hedges.

There's a rumor floating about that the trade will begin dumping its dollar shorts and buying silver as a play on the "catch-up to gold".. I don't know where they get these ideas....? Must be to set up the drop were seeing.

You can't be pleased with the last two days activity.... pitchforks suggest 4.60 has a chance of holding... lets see 0.500 retrace is 4.625 and 0.618 is 4.54
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