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To: bcrafty who wrote (82777)9/24/2003 9:01:01 PM
From: Shack  Respond to of 209892
 
It should go this week.



To: bcrafty who wrote (82777)9/24/2003 9:34:29 PM
From: mishedlo  Respond to of 209892
 
Jubak evidently felt that his featured names are less risky than tech based on P/Es, among other factors. Do you disagree with that aspect of his article?

Based on PEs are a relative steal.
First off they have one.
Most of tech is a lie after options are taken into consideration. They have no earnings period.

As for gold, with each rise in the POG miners the PE drops.
Can gold get to $500?
Why not?
Why not 800?
Why not 1200?

Seriously, if EBAY can get to 117 and split, and AMZN can get back to 50 without EVER posting a profit in its entire existance, whay can't gold test the all time high?

Wish we had more discussion on gold and silver here personally.

I am long both gold and silver futures at the present.
Covered with calls and will get called away tomorrow at 12:30 on the OCT gold/Silver close.

However, I collected more premium with the CC's than just holding.

Holding some futures in both silver and gold unhedged, but way more so in silver where I also entered some bull spreads in anticipation of being called away.

390 gold and 5.25 silver are my call points.

M



To: bcrafty who wrote (82777)9/24/2003 10:22:07 PM
From: SwampDogg  Respond to of 209892
 
<<Do you disagree with that aspect of his article?>>

Both sectors are high beta. It is comment about the bull market that is just plain silly.
Gold has a good shot here but base metals will get creamed if world growth is not what is projected.