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To: Zardoz who wrote (18127)9/8/1998 5:14:00 PM
From: Bobby Yellin  Respond to of 116871
 
welcome back and I hope you are here to stay..I have a feeling that the adminstration at SI is monitoring the thread since some posts disappeared.(hint hint).hopefully we can get back to the pros and cons..
read your post on another thread that you thought gold would start sliding again by Wednesday.. today's action looked pretty good considering the "roar" of the blue chips..
if I understood you correctly and didn't misquote you..what would change your mind?
If the consensus is betting on greenspan bowing to Japaneses lack of action(some interesting posts on their pension funds' lack of funding)
wouldn't you think that gold might not go down further since some may
say that if the fed does ease..inflation might come back?
(also it would seem that big money is betting on lack of infrastructure keeping Russia etc from dumping more commodities onto the market..also more reports of starving people which suggests US etc might start shipping excess grain to prevent further civil wars down the road cnnfn.com
help
great to have you back
bobby



To: Zardoz who wrote (18127)9/9/1998 1:09:00 AM
From: IngotWeTrust  Read Replies (2) | Respond to of 116871
 
Poor ole poopy Hutch...First of all, I cut my teeth on derivs back when I was first licensed to sell them in 83, so I'm not as young as I look.

Secondly, if all you can manage is 30% in a month and pay all those deriv commis upfront, then you are dumber than I thought.

Thirdly, what's so smart about 30% option income per month when EVERY gol'durn ounce I recover is a 1450% return on investment ($20 cost per troy oz and $289 revenue per oz.)

Yeah, I thought your calculator would get stuck with that many zeros.
Also, if I'm so dumb, why am I retired and doing 1450% full time <----read that "working only when I feel like it)
and you, HutchSmutch, are still working hard & grabbing only 30% a month by your own admission?

Poor schmuck...you wouldn't know a BIG profit if it sat next to you on a public bus!

O/49r
worldaccessnet.com

Oh, and PS...
If I forgot to say it...congrats on your 30% return...it is your God Given Right to earn 30% a month every year, right?