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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.12-0.5%Oct 31 5:00 PM EST

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To: pezz who wrote (29975)2/29/2008 5:31:58 PM
From: TobagoJack  Read Replies (2) of 217518
 
Hello Pezz, Dawn Report:
I looked and note that gold kitco.com is at 971, meaning all is as it should be, correctly discounted for the weekend.

I am not sure (i) how much higher gold can go for the next so long elapsed time, and (ii) how deep the consolidation happening will be when it must inevitably be.

So I bought equal weight of these two new vehicles:

finance.yahoo.com gold double short @ 24.29
finance.yahoo.com gold double long @ 25.84

... because i know gold will not stay at 971 for long

brand spanking new vehicles
bought equal weight of each
about equal to what mini coopers cost in hk
just test driving at this juncture
implied bid/ask is high, but so what, as long as the next guy pays same
at some juncture they will come in handy for quick get-aways
at 970 gold, i am indifferent
besides, they both pay t-bill rates
them germans are certainly innovative, intricate, and may have designed something j6p can blow self up with
imagine having these vehicles handy back in 1981, the insane rise of gold, then t-bill rate, then ordained fall of both

Chugs, TJ
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