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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (10315)7/31/2002 10:26:35 AM
From: hotlinktuna  Read Replies (1) | Respond to of 16631
 
Not a bad idea if you don't feel real comfortable....I have to take my car in to be worked on so I'll miss a couple of hours here or so I imagine...have one more order in on EMBX in very low 12's....relax and enjoy the week's conquests...tuna



To: Dave Gore who wrote (10315)7/31/2002 11:19:02 AM
From: The Vet  Respond to of 16631
 
ENER - some good news just released.. Watch this one for a nice bounce... Recent sell off was way overdone IMHO.

Message 17817673



To: Dave Gore who wrote (10315)7/31/2002 1:32:02 PM
From: The Vet  Respond to of 16631
 
JPM/Chase came in to the gold pits and hammered gold and silver down just prior to the close. This was an obvious "painting the tape" exercise. The real question is why is it so important to have the monthly close of gold and silver down so low and why they would go to such extremes to get it there.

By hitting the price after London has closed (12 noon) and the close (1:30 pm) they get the most effect for the least outlay. That's not the way any rational seller would act. The answer may lie in their derivative exposure....