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To: goldsheet who wrote (47959)2/4/2000 2:04:00 PM
From: GST  Read Replies (2) | Respond to of 116814
 
Bob: good theory -- now look at how options are priced -- you pay a premium for volatility. What we have now is properly reflected in the XAU. If we have several days of this, the XAU will shoot up at closer to the 'historic' norm.