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Politics : Welcome to Slider's Dugout
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To: maceng2 who wrote (4753)3/22/2007 3:00:43 PM
From: maceng2  Read Replies (2) of 50746
 
On a sliding scale of dumbness, there is "not very bight", dumb, "almost brain dead", and COMATOSE.

You would have to be COMATOSE not to see there is significant downside risk in the market today.

I only trust there is a bull market in PM's. If the general market tanks nothing is going to stop PM's going down the swannee too, probably for some considerable time.

I recently sold half my SSRI at $28.5, and yes I bought it waaaaaay lower then that. The only way I could see the PM's getting hit was for the market to get hit at the same time. Sliders prediction (on top of the several we have already seen) was correct, though I did leave money on the table as it went to above $30 after that. It was almost a perfect textbook sell thanks to the assistance of this thread.

Now on top of that I bought puts on several PM's cashed in on the down draft on SSRI & GG, I am already up on the deal in hard cash.

...and I am more then protected to the downside till JULY. That is just DANDY as if we do see a correction I suspect it will between now and then.

NOW, which goldbug newsheet would of helped me do that? I suspect maybe one or more of them are showing up here...

pb.

and GFY if you think I am anybody else apart from me...

pps oh yeah, if they boost the market to "risk free la la land", hey guess what!!! my PM's are still protected to the downside.
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