GOLD-XAU Message Board - Msg: 11387264

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Gold/Mining/Energy : GOLD-XAU

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To: Broken_Clock who wrote (1676)	9/28/1999 3:30:00 PM
From: IngotWeTrust	Read Replies (1) of 1756

Well, CONGRATULATIONS to you, my cyber goldbuddy. Not bad return for 2 days work. Hope you had a 100 of those monster options! Yes, I remember the 322 area well. That was supposed to be THEEEEE floor that wouldn't be breached over 2 years ago. I was the first on this thread to say that was hooey and that 320 wasn't going to stop anything. Everyone was saying that was ABX's break-even point on their hedges or some bull***t like that. Let them try the 320 area again, and then sell the calls and pocket the time waste premium since alot of this had to do with OTC gold options expiry since it is the second business day before the end of the month for the London boyz. The 320 area will be breached with ease on the second leg up, and you'll get to do it again, but the optimism premium won't ever completely go from here on out. Do your fib numbers thing and your channel thing and you'll get some decent projections. Then again, you could just wait for Mack Tom Searle and Hutch to tell you what they see and piggyback<g> Nope, on second thought, I think you're doing just fine and should march to the beat of your own drum! Go fer it!!! YEEEEEEEEEEEEEEEEEEEEEEEHAW for PK! O/49r

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