12/09/2004

DEPARTMENT OF GREED (OURS) If you sold the 4.60 Feb Gold calls for around $30 last week I'd seriously consider buying them back today for around 8.0. A $2,200 profit per position in less than a week is a lot of money and you need to bail. At least sell half your positions. Remember, in New York you don't necessarily get out of options til they feel like letting you out. So you simply excercise to a short futures and set very tight stops. They are crooks there. Remember that. To those of you who don't know what I'm talking about, don't worry, you are probably better off.