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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (20077)10/17/2004 12:11:59 PM
From: stevenallen  Read Replies (1) of 110194
 
Russ, I have about 20% of my port sitting in TIP, a Lehman Ishares ETF of inflation protected US treasury notes. Although I'm only up a few percent since I entered this spring, it pays almost 5% dividend, which is fine by me. I was wondering what you and others think about TIPs at this juncture.

I'm hoping that the TIPs, along with about 30% of my port in PMs (and I thank all here for there great advice in that regard) should be a good base to face whatever comes ahead, particulary a decling USD and possible inflation. This leaves me about half of my port to dabble in swing trades, stem cell plays - to be sold prior to or just after the election, and core shorts (mostly homebuilders, mortgage, crap retail and bloated tech), as is my want.
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