|
F O R E
C A S T S |
Internet |
| GOLD |
|
20 AUG |
Daily
Close at 257.00 |
Expressed
views in public post:
"Strong
likelihood of a sizeable bounce. ... outcome will be a
panic rally." |
| 23
AUG |
Daily Close
at 254.00 |
Bought
DEC 300 Call Options at 0.40 |
| 24
AUG |
Daily Close
at 252.50 |
Posted
another commentary:
"There will be a
sharp bounce ... taking us up to 300-350" |
| 26
AUG |
Intraday Low
at 252.00 |
Lowest
price in 23 years |
| 27
AUG |
Daily Close
at 253.50 |
Bought
physical bars of bullion for first time |
| 20
SEP |
Daily Close
at 254.80 |
Next
day, Gold exploded, rising 33% in just
11 sessions. |
| 05
OCT |
Intraday
High
at 337.50 |
DEC
300 Calls reached intraday peak at 40.00,
a 100-fold gain from 0.40 |
| 06
OCT |
Daily Close
at 324.00 |
Completed
great trade: sold the DEC 300 Calls at 30.00
[+7400%] |
| 16
FEB01 |
Intraday Low
at 254.40 |
Over
the next 16 months Gold fell all the way back to its start point |
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performance is not a guarantee of future performance
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2008
Polar Pacific Pty Ltd