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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Davy Crockett who wrote (9779)3/22/2002 12:23:20 PM
From: rolatzi  Read Replies (2) | Respond to of 36161
 
I don't know, is it time to take some profits in gold?
Gold hasn't tested 300 again, yet. Where is George Cole when we need him?
My inclination is to sell some covered calls on NEM when the metal tests $300 but we are presently only at $297. At the same time, I think that the end of the month may be very good for gold as it becomes obvious that Japan still has economic problems and that their stock market has topped off for this year.
Ro



To: Davy Crockett who wrote (9779)3/22/2002 1:24:43 PM
From: kirby49  Respond to of 36161
 
Always the little contrarian in me<GG>. Just a reminder that there's trains pulling into the Penny station, as well as heading out.

Not ready to rotate yet, well except to sit on my thumb.

Bob