Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Lucretius who wrote (66918)	10/21/2003 12:24:43 PM
From: mishedlo	Read Replies (1) of 94695

Me, I am in gold and silver futures and added more gold bull spreads yesterday. The easiest trade in the world IMO is betting that Greenspan will NOT raise interest rates before the election. Do you agree with that? I put a bet on yesterday that pays 4-1 if I am right. They gave me 4-1 odds that greenspan will raise the FED fund rate by more than 1/4 point by sept of next year. On a 1/4 hike I get out nominally ahead and on no rate hike I turn a bet of 6 units into 25 units. If he hikes 1/2 or more I lose. Like my odds? M

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