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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (87058)3/28/2001 3:48:33 PM
From: robnhood  Read Replies (1) of 436258
 
<<< NEW YORK (Dow Jones)--Precious metals were trading lower late Wednesday, with
gold futures hurt more by a concerted attempt to keep gold options out of the
money before expiration than on renewed U.S. dollar strength, traders said.
"I find it funny that today was over-the-counter expiration day and they
managed to close cash gold at $260 (a troy ounce), making all the calls in gold
worthless," said Leonard Kaplan, president of Prospector Asset Management in
Evanston, Ill. "It's the dealers who are short these puts and calls.">>>
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