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Re: None

Wednesday, 10/23/2013 6:06:16 PM

Wednesday, October 23, 2013 6:06:16 PM

Post# of 46663
With gold expected ( by some ) to trade sideways to a point of taking a swan dive into 2014, with S&P500 thought to reach 1850 by YE, and with basic materials potentially selling off about -37% (XLB current price is ~44, a huge Jan puts at strike 32 and put/call 14x), SMN is beginning to look better, e.g potentially 37.9 -> 66ish, 74% potential ). Gold ( and miners) are so yin yangish (mixed news, etc.) that it's hard to get a good read on direction day to day. Maybe SMN is a ticket form 2-3 months out.