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Re: Gold/ Tight Range/Watch for a Breakout!/Trades

Hi Trades,

OK, you got me there on the PUTS !!

But thanks for all the charts/comments.

Back in Dec. when I did that, I really did think SI was due for a pull back at least if not a significant drop from that early Nov. peak. As SI started to drop I pulled the trigger while the Puts were still cheap before they got to a point where I wouldn't have done it.

The OI was increasing back then, but lately nothing changing now with OI. Just a part of some old spreads I guess. The occasional trade just moves the price around every day as SI does it's thing.

I think this Egypt thing threw a monkey wrench into a number of things. We'll see what happens Sun. night/Mon. if things really do settle down over the weekend ??


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Re: Gold/ Tight Range/Watch for a Breakout!/Trades