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

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To: Paxb2u who wrote (108737)6/9/2010 7:33:59 AM
From: TH  Read Replies (2) of 110194
 
Hello Paxb2u,

I've found that DZZ does not afford much protection. I've only played it a few times. What is your preferred hedge for bullion?

I should add that I'm not bearish gold or miners. I just can't figure out how to profitable trade the miners, so I've elected to play in a different sandbox for a while.

I am awaiting a nice bounce to establish shorts. I think some patience will be rewarded here. For the first time in many months, I prefer to have a high cash position so as to remain flexible to pick up a low or sell a high.

It is very possible the broad market could churn here for many weeks, frustrating bulls and bears.

GT
TH
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