Natural Resource Stocks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Natural Resource Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Christopher Loe who wrote (7726)	2/13/2004 12:53:43 PM
From: schzammm	Read Replies (2) of 108784

Chris, my short positions are insurance for a % of my portfolio. Granted I have over this last week been selling off some of my general portfolio. But overall I have been in a net long position. IMHO I have a short presence because I do not believe the general market has any "event" discount priced into it. And I believe that there is always some "event" risk and currently more than normal. But you bring up an issue that I recently am having difficultly grasping. You said you hold NXG for insurance but also because it is undervalued. Maybe it is just me but lately when the general market drops my PM stocks also drop. Maybe this is because when the dollar rises the market has been dropping and so gold also. But I am beginning to question whether PMs are a hedge for a general market drop. Comments??

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next