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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (41604)9/15/2005 1:56:41 PM
From: russwinter  Read Replies (2) | Respond to of 110194
 
At these prices, I'll keep it. Holding most of MFN too, and also GBN for now. Am playing half my big initial MRB position for a spike breakout above 1.48.
stockta.com
Sold most of my NTO a moment ago. MNG, CLG, OZN, DEZ are gone at these prices.

I'm not calling an exact top. that's not the purpose, but I am managing for risk. I'm just very concerned about how everybody has to own something. There is a pervasive buy and hold mentality out there that is just down right scarey, and people justify it no matter what they are playing. They think the Wizards will just make all these "reflation" and moral hazard trades work, no matter how ridiculous they are. If others want to roll the dice for more and take the risk in PM, there could well be a payoff.