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It was for real, simply to null out the OEX open
interest in calls and puts. Just an early expiration to avoid having to
unwind in the middle of a disasterous conflict. data from w.ez-pnf.com
bobr
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Ira
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">real traders
Sent: Thursday, March 13, 2003 1:28
PM
Subject: [RT] vol.
Is this move for real or just a giant short
covering rally? Have they, whoever they are, finally decided to
reverse positions and sell the Euro, bonds and gold and once again bless
stocks, the dollar and commodities? Gold went right through my
previously posted 338 support and the 10 point increments noted look
good, 328 and then a final destination of 318. Each with a reduced
probability.
The question is can gold stay down with inflation
on the rise? Gas in San Francisco is $2.75 a gallon and they are
currently looking for $3 in the near future. The last time oil was at
$40 a barrel gas was at about 75 cents. What happened to the $1 per
gallon outrage? Our oil based economy could be in for a real shock. It
isn't only the air lines that are impacted. Almost everything you buy is
trucked. In some cases shipping costs are greater then product
cost. It will be interesting to see how things evolve.
Just some thoughts. <FONT face=Arial
size=2> Ira.To
unsubscribe from this group, send an email
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