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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (58879)1/12/2005 8:41:25 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
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