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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (921)9/10/1998 6:34:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 81884
 
Searle, I figure(thanks to George Cole) that the money will first flow into the seniors since they were pounded down to nearly book value. I like the leverage tose LEAPs offer on a stock like NEM. It was at 34 last time gold sniffed 320. I will most likely hold the 30s until then and roll up to 40s when they are written. The 30s are moving about 50 cents to the dollar right now but will move $ for $ when NEM nears 30.