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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (35265)12/14/1998 11:38:00 AM
From: Bull RidaH  Read Replies (2) of 94695
 
Bobby,

Yep, Made my yearly quota in profits today on GGO!!! <ggg> Actually, I was sad that it happened today, as I was planning to buy 100 GGO Jan 25 calls before the week ended. Would have sent me into retirement quick!! However, I'll take my profits on GGO stock, and roll them into NEM calls by the end of the week. This may be the greatest buying opportunity ever seen in the XAU, as this week marks the end of the wave 2 correction from the 10/8 peak. The ZigZag correction is due to complete on Friday, and the Price of Gold should skyrocket between now and Feb. Wave 3's gonna be a whale!! Get ch'u SOME!!

Regards,

David
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