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To: Real Man who wrote (104203)5/23/2001 11:06:30 AM
From: yard_man  Read Replies (1) | Respond to of 436258
 
re: there being no money in selling gold forward --

when someone sells forward they don't extrapolate a straigt line, do they?

Such selling is based on where they expect rates to be -- but I do like the way the "spread" is going

-- would love to see lease rates go to 3% and not come down for a week or two!