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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (62082)1/6/2003 12:42:20 PM
From: Trumptown  Read Replies (2) | Respond to of 94695
 
Buying back CHTR at 1.18, as soon as it takes out 1.20, it's a quick move to 1.25 imho

Then, we'll see...



To: William H Huebl who wrote (62082)1/6/2003 1:04:46 PM
From: Real Man  Read Replies (2) | Respond to of 94695
 
100,000 contracts = 10,000,000 Oz of gold, $10 million for every $1 move in gold. Peanuts for JPM, not so for traders. EW predict a down move to 315 area in gold to start shortly. Actually, a new low (below 252) is required to end the bear market in gold which started in 1980. I would not short gold here (just a bit of XAU puts, not a major trade), but if it gets down a lot, I will buy at 330, 315, and bet the farm if it goes down to 250. A major down move will end the bear market in gold, then it will go to da moon non stop.



To: William H Huebl who wrote (62082)1/6/2003 2:27:08 PM
From: Real Man  Read Replies (2) | Respond to of 94695
 
I'm long NDX, short XAU. Watch Crude, it's about to fall to 28. I don't like to bet against fundamentals, but what you gonna do?