Corned Beef - ???????????
...ain't trading "Bullion" - we be tradin' gold STOCKS.
And as far as all the negatives about America & the US Economy....remember something:
We dumped US commercial Real Estate to the Japanese/Asian buyers at the market top.
We dumped US Equities & Dollars to foreign buyers at the market top.
We are now dumping Gold at the market top to foreign buyers.
...see a pattern developing yet CB ?
We be some pretty damn good horse traders here in the good ole' USA.
A lower USD - even USD 80ish will be strongly positive for the USA...the Bush Admin isn't going to come out and announce a weaker dollar, but it's policy all the same....merely a matter of managing the descent.
This is THE time to run deficits....as a % of GDP, not in the danger zone.
Then there's all that Bubblin' Crude that we're going to take as War Repartations for the War on Terrorism...and Cheap Oil is coming longterm...
OPEC just got their little Price Fixing "Cartel" broken - in case no one noticed....hell; we'll probably have NFL Expansion Teams in Riyadh & Baghdad by 2008 (vbg)~
PS: What'd HL do on that great earnings news ?
Fallen from $5.50ish to $3.75 in a beeline - into those outstanding earnings numbers.
- whodathunkit ?
You BUY/own cyclicals when earnings SUCK - you SELL/short cyclicals when they're announcing record POSITIVE production/earnings.
- ask yourself now peoples....be they goin' higher, or lower, when they start selling off 30%+ directly into record earnings/production news ?
- be they going higher, or lower - once they disconnect from higher, highs in POG ?
- do record earnings/production numbers come early, or later cycle ? Do all the private placements, secondaries, convert deals etc - come early cycle, or later ?
Do you want to own Cyclcials - early cycle, or later ?
Deer Frozen in Headlights to the left of me, Clowns to the right...
Short CEF ?
...ready for one helluva CRUDE short-play setting up ?
Got Milk ?
Who's on First ? |
