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To: DataBits who wrote (89682)4/4/2001 2:40:12 PM
From: Ronald J. Clark  Read Replies (2) | Respond to of 95453
 
Natural Gas Storage Table
Message 15613817



To: DataBits who wrote (89682)4/4/2001 2:41:11 PM
From: ItsAllCyclical  Read Replies (2) | Respond to of 95453
 
>> Shorted lots of NEM at $17.05 <<

As usual you give little or no reasons behind the move so you leave me to speculate on your reasoning.

I'm assuming you think the markets rallying will send gold to new lows. Lately the dollar has been falling whenever the markets have been rallying as people have moved out of a "safe" haven and into equities. During those times gold has rallied.

Maybe you'll be able to cover at 15-16, but the risks far outweigh any reward if we get a true market meltdown, a crisis in the ME, or a derivative crisis. Gold has the potential to move in a heartbeat.

The dollar is one of the last bubbles to pop, but it will.



To: DataBits who wrote (89682)4/4/2001 2:51:31 PM
From: isopatch  Read Replies (1) | Respond to of 95453
 
Well aware of the patterns, Data.

The point is.

If you want anything other than a sarcastic response to your trade posts, make them at least close to the time you do the trade.

Otherwise you're a 3rd thumb as far as I'm concerned. Your statements mean little unless we can evaluate the timeliness of your calls.

So far most of your stuff is after the fact and therefore of little value to me.

Isopatch