Leap calls are cheap. With bond sales failing ( municipal and corp paying up
20% interest to find buyers ), dollar finished, I like gold very much but
it has to seperate from stocks somehow.
This one is excellent building cause, cant say when and where.
Let's see if gold shares seperate from stocks if stocks go into a
severe decline like beginning today.
If it happens without me, I've got to buy a close above 4.33,
or lower if that happens first.
QUOTE (mss @ Feb 13 2008, 09:35 PM)

QUOTE (Tor @ Feb 13 2008, 02:07 PM)

I am not really sure what this sector is doing.
on the one hand the shares are going up, but then again not as much as one would have hoped.
the gold: hui ration looks constructive, and gold should pullback, but maybe it wont?
I have taken a positnion in gss for the moment.
Perhaps we see some market strength and it takes the gold shares up too?
I have a stop in place just in case.
Got an est. target?
tks, mss