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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Terry Whitman who wrote (19506)2/13/1999 8:13:00 AM
From: yard_man  Read Replies (2) of 86076
 
No backwardization or whatever it is, is a true term of art in the futures biz ... I had heard it before and couldn't remember it -- no wonder, eh?

Don't laugh. I recognized this earlier last week -- it is one of the more reliable technical indicators that a move is getting ready to get under way. I thought I saw it in platinum last week, but the furthest contract out hadn't been trading at the time ... If you are prone to speculate a little, I think that a purchase of Fleck's PAASF or another silver miner might not be bad ... Gold has yet to show its mettle, but I think it will shine too -- this year
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