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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.26+0.5%Jan 2 4:00 PM EST
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To: carranza2 who wrote (61376)2/22/2010 1:06:43 AM
From: jealous_monk   of 218941
 
>>I understand what you are saying, but don't see how the issues to which you refer - regardless of their merits - would make their mark on one day's action.<<

At some point those issues will be a watershed event. When? I certainly don't know. I do know that buying puts on GLD as a hedge on other positions has been a successful strategy for me lately, and that at some point, when/if the importance of those issues grows, my long puts on GLD position should prove to be fortunate.

jm
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