Hello EP, imo, and more in context, in accordance to what I am at and doing,
<<Big US trade defict, 60 Billion for the month ...vs. Euro>>
... I am mostly out non-USD/non-HKD cash positions, believing a USD/HKD bounce is happening, best to step aside, only to re-enter in wallop tranche strength in a few (9-12?) weeks.
I am psychologically prepared to see Euro visiting 1.2, and figure gold may pay respect at 380.
<<I have been cutting even a few higher priced Canroys>>
... Dunno about this, because I have so far found Canroy consolidation to be limited in pain level, especially given the whole portfolio approach taken. Which one's do you consider high priced?
<<A stock prints a +0.02 for the day, and it may be out the door soon>>
... :0) a serious donot wanter.
<<I have roughly 15% cash, 5% RYVNX (a bear fund, -200% of Nasdaq 100) and puts on QQQQ, EBAY, and ADBE>>
... my experience last year was take profit on QQQQ puts whenever able;
... I suspect puts on EBay may be equally trying as shorting housing shares ;0/
<<The market is choppy, but it seems some stocks have big enough one - two days moves that day trading may be worth while....>>
... a different kind of game, a time intensive.
More pondering on markets later, and let's hope brian/Maurice stops with their revision of history, denying biology, and refuting nature, as in what is and can only be :0)
Chugs, Jay |
