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Strategies & Market Trends : Classic TA Workplace

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To: bcrafty who wrote (82777)	9/24/2003 9:34:29 PM
From: mishedlo	of 209892

Jubak evidently felt that his featured names are less risky than tech based on P/Es, among other factors. Do you disagree with that aspect of his article? Based on PEs are a relative steal. First off they have one. Most of tech is a lie after options are taken into consideration. They have no earnings period. As for gold, with each rise in the POG miners the PE drops. Can gold get to $500? Why not? Why not 800? Why not 1200? Seriously, if EBAY can get to 117 and split, and AMZN can get back to 50 without EVER posting a profit in its entire existance, whay can't gold test the all time high? Wish we had more discussion on gold and silver here personally. I am long both gold and silver futures at the present. Covered with calls and will get called away tomorrow at 12:30 on the OCT gold/Silver close. However, I collected more premium with the CC's than just holding. Holding some futures in both silver and gold unhedged, but way more so in silver where I also entered some bull spreads in anticipation of being called away. 390 gold and 5.25 silver are my call points. M

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