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Strategies & Market Trends : Ride the Tiger with CD

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From: koan9/22/2007 7:25:14 PM
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NOT, my plan for Monday:

I am going to sell the rest of my NOT: $4.40 and buy an equal amount of PRB $1.20. That way, I lock in my porfits, but if NOT has the goods and soars, PRB will soar as well (despite what ralph says-lol).

I have sold 1/2 of my FNC and will stand pat. If PRB catches up with FNC I will sell enough PRB to even up the two; and if either of them get close to NOT I will trade across and buy back in.

Of the three miner NOT plays: BMK, UC and FWR, I have slightly more UC than BMK or FWR but will stand pat on them as well.

We shall see how this plan works out-lol?

Both Bill Gross and Marc Faber are saying the feds need to cut the fed funds rate by 200 basis points. That will crush the dollar.
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