SI
SI
discoversearch

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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (27881)1/16/2008 8:15:34 AM
From: Dr. Voodoo  Read Replies (1) of 217759
 
konnichiwa TJ san,

Glad to hear that you've remembered where all the gold hidy holes were, all appendages still intact, and have survived cardiac challenge.

As I write, S&P fair value down around 1367 but futs down not so much. Me thinks:

The fact that asian markets reached their "oh sh$t!" moment last night, may be just an artifact of perceived invincibility of money rock among speculators.

OR

The fact that our own "oh sh$t!" moment has carried on for more than 2 weeks now is just confirmation that we are in a bear market, and the forthcomming "oh sh$t!" moment will be to the long side when the hand that gives, comes to give a hand.

OR

Our own "oh sh$t!" moment is only hours away.

So, pleased that shenhua coal will be screaming to buy soon. Gold will be much cheaper than where I sold my DGL calls. Yen will be worth much more than my original purchase.

I still fear currency market intervention should yen start unwinding carry trade too fast. However, RMB appreciation should come to screaching halt, no?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext