Thursday, April 20, 2006

Gold price rally over?

Positions are down this morning. Newmont still slightly in the money but OXPS getting killed. I am goin hold through tomorrow for both. Newmont might be foolhardy to hold as they have already reported and all news should be in stock. Still options have another day left and although gold is reversing I think it could finish this week at $650. We will see if instead I receive a big smack upside the head for veering outside the system again.......some people never learn.

Best regards,

BG

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