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In a message dated 97-07-25 04:09:10 EDT, nwinski@xxxxxxxxxxxxxxx (nwinski)
writes:
<<
Dear Intell,
LOL!! Yep, I am laughing too, because so far Gold made a low and
has rallied right on schedule as I told you it would. You obviously
are making money on call option premium erosion and not on being
right on the gold market. It's hillarious. Oh, by the way, I am long
silver and used today's spike rally to sell half of my position at
$4.435, just .015 from the high tick. I also plan to stand ready to
buy against the recent lows. Gee, it if goes down I will be happy
because
I can buy back my position for lower prices and if it goes up I make
more
money. Oh my, the laughter is starting to hurt. I better stop now before
I hurt myself from laughing so hard.
Co(s)mically,
Norman
P.S. Why are you bothering with gold, not making enough money trading in
the S&P pit? How do you get your CQG machine into the S&P Pit? Does
it fit in your yout trading jacket? Is that a cel phone, sat, or FM
feed?
It sure is amazing how small they can make these sophisticated machines
these days.
>>>>>>>>>
Yupa suckers rally into the weekend. Gold will be lower, not to worry and the
stars don't even need to tell me. I just you my own common sense. Just one
day, wow yippe. I just look at the charts and point to the trend and not the
stars. How anybody trades by the stars is beyond me. I just know that not a
single trader I have ever met uses that junk. Oh well........I am still
laughing about you billion year old injun trading manual!!!!!!!!!!!
As for the CQG machine in the S&P pit...hahahaha yeah right. The Merc has
about 15-20 of them on the lower trading floor. I said I step out of the pit
and look at the charts.
<<P.S. Why are you bothering with gold, not making enough money trading in
the S&P pit?>>
That is funny. Even if I told you how much money I make in the spooz you
wouldn't believe me. I trade from a 1 to 100+ lots when I can. THere are only
about 20 traders in the pit able to trade 100+ comfortably. Today in fact my
largest trade, late in the afternoon, was a 50 lot sale at 94740 and bought
it back at 94410, you figure it out. I trade other markets b/c I am a trader
at heart and enjoy it. If you had ever been near a real trading floor you
would know that there is bascially nothing in the pits but stinky guys
yelling and cursing at each other. I trade almost everything that has a
liquid market.
<<You obviously
are making money on call option premium erosion and not on being
right on the gold market. It's hillarious. >>>
uh huh funny that I am making money.......hmmmm yup..rolling in negative
theta. Even sold a few more oct 340 calls at 220 today. If it pops up there I
sell more, they were gunning for te stops the other day, but failed. Strangle
here for in the works. But you go right ahead and trade with the injuns and
the pretty stars from the trading Mecca Italy.
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