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Strategies & Market Trends : The Options Box
QQQ 608.86+0.1%4:00 PM EST

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To: hobo who wrote (9964)3/9/2001 2:13:12 PM
From: Poet  Read Replies (1) of 10876
 
To:IQBAL LATIF who started this subject
From: OVETUS
Friday, Mar 9, 2001 1:22 PM
View Replies (1) | Respond to of 37115

Gold Alert:

1. Just got a call from the Comex floor. Massive buy
stops building at $272.50

2. One month lease rate rocketed to 6.5% to 7%

3. 6500 April 270 strike gold calls expire today. They
are now in the money as April gold approached 271. Bad
news for the shorts

4. Rumors of sizeable call buying now showing up in
gold share equities

5. Nearby gold in backwardization. Very bullish
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