re: Ann: Newcrest Board approves Cadia East D......

re: Ann: Newcrest Board approves Cadia East D... Timoshev,,,,,,all profit to you,,I cant think more than a month or two out,,,,,as you know the trend can change as we have been at these levels and spike higher three times in the last two years to collapse soon after,,maybe this time its different,,,

Nice analysis from whereru on other thread,,I hold similar views but right here right now my views mean squat as the move is up regardless of any bad news out.....

Interesting trade on the week end

Good bounce in the Euro on Friday following the bailout of Greece being confirmed in detail. Interestingly Gold move off $1100 co incided with two terror attacks in Russia early in the week and Greece concerns later in the week,,,,now Greece is sorted for the time being and Gold still moved higher which I find facinating.....

Over the week end the Fed Report which showed Bank reporting in the USA was misleading due to accounting tricks to reduce the true size of their leverage/ debt and exposure was totally ignored as the market continued its push to 11000, I wonder what happens when we reach all these targets...

The good thing about holding so many valueless PUTS at present is that if they all go to custard I can burn them for heat during winter and avoid the massive price rises...