SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (11944)4/14/2004 3:32:30 PM
From: Knighty Tin  Read Replies (2) | Respond to of 110194
 
russ, I noticed the aluminum futures at a new contract high. Unfortunately, I own the rummy aluminum stocks, which are down. I stayed out of the futures because the most active contract, the May, traded 3, count 'em, 3 contracts today. I've got more than 3 clients (true, not a heck of a lot more <G>) and some of them buy more than 3 contracts at a time. It sounds like a nice illiquidity trap at some point in the future.



To: russwinter who wrote (11944)4/14/2004 6:10:45 PM
From: loantech  Respond to of 110194
 
Hey Russ thought I would chime in. With the great Aluminum plants shut down in Oregon and Washington that alone would cause a great drain on supply. No figures but the plants were huge.

I have accumulated a very nice position in First Majestic. FR.V. A silver stock worth looking at. No apparent legal problem, buying production, cash in the treasury, and a exploration property with great upside potential.

firstmajestic.com