Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 114.30

-0.5%

Dec 12 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: marek_wojna who wrote (86487)	6/5/2002 5:47:18 PM
From: IngotWeTrust	Read Replies (3) of 116814

Hardly. Spread trading using the thin, far out futures contracts as the "long leg" is a strategy as old as the hills. And each of those contracts are delta hedged in the unregulated over the counter market in NY and London. It means nothing except that you are observing pro's at work. I believe I was the one that stated, and correctly, that the bubble gum zone between $320 and $335 was very nearly impentrable, except for enthusiastic short covering bouts that might reach $345. Damn, I'm good. g_t

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next