Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: ild who wrote (44717)	11/3/2005 2:26:01 PM
From: ild	Read Replies (2) \| Respond to of 110194

Date: Thu Nov 03 2005 13:32 trotsky (let's see...) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved the pm stocks don't seem to really believe the downdraft in gold...at least not so far. if this keeps up into the close it'll amount to final confirmation that gold is about to bottom out short term ( the HUI/gold ratio would be rising for the 4th day in a row ) . re. homebuilders - a 'gap and cr*p' today, all of them faltering at resistance and giving up their earlier gains, so far anyway. my favorite target is LEN...this one has over 50,000 calls open at the November 50 strike, the by far largest open options position in that stock. somehow i don't think the option writers will let the money get pocketed by the call owners ( there's now even an academic study out in support of this contention - vbg- ) . a guess as to why the earlier rally faltered - bond market weakness.