OT - Gold and Stock Market Update

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

by Steve Saville

Here is the article from the Gold Eagle site:

Gold and Stock Market Update

Ray

-- Ray (ray@totacc.com), January 18, 2000

Answers

The market opens in 17 minutes. The S&P Feb 1450 Puts I bought at Friday's close (paid $2,475 each) are now showing $3,350 and rising. Dang, I thought I'd hold 'em at least a week! Now it appears I'll let some sucker buy 'em today or tomorrow for $5,000 or so..."How sweet it is."

-- Joseph Almond (sa2000@Webtv.net), January 18, 2000.

Dang Joseph, that's what I wanted to do but couldn't figure out the mechanics of it... anyway just got paid and am gonna blow $2k on some more oil call options.

Yes - we are sharks feeding on kill - but someones's gotta do it. Any money I may make, if it hits big, will go to my family to ease their burden when the economy tanks. Unlike y2k, this is a a given, even including the bastards the fed.

-- Andy (2000EOD@prodigy.net), January 18, 2000.


Moderation questions? read the FAQ