Recent content by Colonel_Blood

Lord Open interest is the amount of contracts that are open in the market, both long and short. So right now there are over 200,000 long and short positions in gold that are held by a combination of speculators and trade. 99% of speculators don't want or have gold to deliver, they are just...

Anyone watching the Dec Gold & Dec Silver open interest because it's really building to I think historic or near historic levels. Dec Gold 204,059 contracts + 4,000 from yesterday Dec Silver 98,034 To put this in perspective at 100oz a gold contract that's 20.4 million ounces or $7.75...

A simple question here. If I'm on my main PC and go to Windows Explorer then click on the network tab to see the other PCs on the network, on one of them I can't get in because it always asked for a password. The trouble is that it never used to. How do I turn this password request off...

My bet is that China goes bust before it really starts to boom. The book-cooking that's going on there would make the Enron scandal look like kids play.

Th bull move is making a mockery of the bears that's for sure. But with a third of the year still left anything can still happen. One thing I think Harrison has got right is that 'in bear markets every one loses money', bulls and bears.

Cal You hit it on the head there. If you look for people who are able to ADAPT and think CREATIVELY chances are you've excellent people on board. The trouble is Cal I reckon it's taken you a few years of tweaking the interview and application process to get it right. But then that's...

I still feel that getting too technical with multiple tests is not necessarily the way to go, although if it works for you or your company then go for it. I think many good traders on this board would fail dismally:D I've seen people with high intellect and the best qualifications do...

Cycle Welcome to the board. I've had some experience with building a team in the past, however what you don't say is whether the traders will be following a strategy that your hedge fund wants followed, or they're supposed to come up with their own trading ideas etc. This is a...

ET Good question, depends if I liked them or not.

True about the 'less risk' involved with covered calls over selling naked puts and if I was a broker I'd heavily promote that to my clients over the selling puts. More comms as well:D

Looks like covered calls to me and nobody would say that covered call writers all go broke eventually. One involves buying stock selling calls, the other selling naked puts but as we all learnt in options 101 it's the same strategy. Propaganda tells you 'selling naked puts is the worst'...

Sorry folks, market's a long way off bottoming. I mean how can anyone start to get super bullish, we haven't even taken out the yearly highs. The world is just so short term these days, in almost everything. A few examples; The first few days of the Iraq way didn't go too well and so the...

AAA What Faber was implying is that everyone expects to make money all the time and investors on the whole are impatient. His argument is that the serious money made over the last 20 years has been made by getting on the big moves and maybe you're early or a little bit late (either is very...

To say he's been on the wrong side since the start of the war rally is correct. But don't people have incredible naive views of how to make money in the market. I mean what most people seem to want is for someone like Harrison's advice to pump out profits week after week. Same thing Marc...