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To: mishedlo who wrote (71527)4/16/2003 6:03:57 PM
From: Square_Dealings  Respond to of 209892
 
GC03M - June Gold is the front month

I've never seen bid/ask on gold futures. Usually I either put in a limit order or just take it at the market.

good luck

M.



To: mishedlo who wrote (71527)4/16/2003 6:25:19 PM
From: sandiegobear  Read Replies (1) | Respond to of 209892
 
You could also try the mini contract, YG03M. It's about one third the size of the big contract and it trades electronically. The spread varies but it's usually less than a dollar.



To: mishedlo who wrote (71527)4/16/2003 6:34:15 PM
From: skinowski  Respond to of 209892
 
Mish, I don't watch HUI closely and I don't have a good short-term theory. It made a double top at 155 - maybe it is trying for some sort of an ascending triangle. It also could be that the rally into January high was a weak wave 5, and we entered into a longer term decline, with the impulsive-looking drop so far this year being a 1 or A down... The rally of the past few weeks looks maybe promising, but so far still corrective. The index did manage to close today a touch above the previous spike peak on 3/31.

The spreads on the gold contract keep changing depending on liquidity and who knows what else. Trading those contracts is a pain in the neck, imo. I usually try to put in targets for entries and exits, and walk away. They tend to get filled during the wiggles.