Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (66426)	10/3/2003 6:16:52 PM
From: Real Man	Read Replies (1) of 94695

Sure. I have lost more on gold today than my whole trading account. It's still +300% or so from 2001. So, what do I care about 30% of the trading account? -g- I'm watching bonds and the dollar. It's a battle - the crooks don't want to roll over and die, but they will. I'll have some fun watching them run when the credit derivatives finally implode. Luckily, I don't keep my gold investments with any broker. I think they are safer that way -g- I think the far off OOM leap puts on DOW and QQQ are a very good trade at this point on risk/reward basis, since they WILL increase 10-fold if the market gets to 2002 lows. If it breaks them, it's a 30-fold increase. Mainly because of Volativity. It is in the exponent!

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