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To: Knighty Tin who wrote (274863)1/25/2004 10:10:15 PM
From: ForYourEyesOnly  Read Replies (1) | Respond to of 436258
 
Palladium:

KT, what is your take on palladium?

I like it for the following reason:

*Big increase in volume and OI in Tokyo and NY (sign of increasing activity/interest.

*75% discount to platinum (cost advantage where substitution is possible)

*50% discount to gold (cost advantage where substitution is possible)

*Engelhard has begun to establish a small long position in Tokyo.

Do you primarily trade palladium futures, or stocks?

I like the futures (Tokyo).

Feel free to PM me on this, as you feel appropriate.

Cheers,

THC