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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: ldo79 who wrote (2008)3/7/2004 9:27:17 AM
From: Louis V. Lambrecht  Read Replies (3) | Respond to of 60911
 
Well, I kinda confirm a danger point on gold here: total open interest on gold contracts (and net commercial shorts positions) should increase fast.

lvlamb.itgo.com



To: ldo79 who wrote (2008)3/7/2004 1:37:50 PM
From: nspolar  Respond to of 60911
 
No I had not.

The PMO can flatten and go sideways and POG still go up, for quite some time. If it crosses over, usually curtains.

I was disappointed the Rydex PM boys did not buy on Friday. They sold off just a tiny amount. I don't know what to make of it. The fund is sold off fairly heavily from the top.