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Strategies & Market Trends : Ride the Tiger with CD

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To: Claude Cormier who wrote (130892)9/15/2008 8:56:39 PM
From: Amark$p2 Recommendations  Read Replies (1) of 313156
 
Well, profits are going to explode for WGW and OSU. Of course they will be paper profits, but both WGW and OSU will have a large mark to market hedging gain this Quarter. Gold spot difference from $925 to current $780 ($145 gain from 2Q to 3Q) will generate a huge paper profit for both these companies.
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