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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (4654)9/30/2000 1:58:24 AM
From: T L Comiskey  Respond to of 65232
 
Gold Hunters... Heads Up
click on link for the whole story

abcnews.go.com

B E A U F O R T, N.C., Sept. 29 — If you look very
carefully among the thousands of shipwrecks that
dot the Carolina coast, perhaps you can see the
shimmer of hidden gold.

To Phil Masters, the lure of that sunken
treasure was so strong that he gave up a
life in New York to go searching for it.
“I had a beautiful home in the suburbs,
two cars in the driveway and my wife kept
saying to me, what’s wrong? Why aren’t
you happy,” Masters says.
He was bored, he says. So for the last
14 years — in between working various
jobs to pay the bills — he has focused on
finding the El Salvador, a Spanish
merchant ship destroyed by a storm in
1750, reportedly with $100 million in gold onboard.
“El Salvador has the potential to be the richest shipwreck
ever found in American waters,” he says.



To: Jill who wrote (4654)9/30/2000 9:57:54 AM
From: Jim Willie CB  Read Replies (3) | Respond to of 65232
 
when an option asking price does NOT come down as the common share slides, that is a sign of big strength

implied volatility remained robust
tells me this EXTR is heading up very soon
also tells me of friday selling was mostly daytraders
you know the concept, I am sure

good luck nailing down a few more
/ Jim