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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.99+2.9%Nov 7 4:00 PM EST

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To: long-gone who wrote (69345)5/17/2001 4:31:27 PM
From: Zardoz  Read Replies (6) of 116753
 
By Friday, it's over. These XAU majours are showing great signs of over valuation. Already some of the stocks are showing TA breakdown:
quote.stockwatch.com {notice the wedge of 6-2 days ago
quote.stockwatch.com {notice the pennant shape at the end
quote.stockwatch.com {notice the plateau's jumping

Those stocks are being invloved in a option hedge. Check out the options at the the money for these stock a few months from now.

quote.yahoo.com
quote.yahoo.com
quote.yahoo.com
quote.yahoo.com

But these are only the exchange traded options in USA.

Hutch
Nem short at around $24
ABX short at around $18.75
PDG {I'd avoid shorting for now: acting suspicious}
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