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To: Sittin_on_my_yaya who wrote (7199)7/14/2007 7:26:20 PM
From: jimsioi  Respond to of 29622
 
Sittin' according to Quince...is this backwards...?

"According to Quince who has puts on TLT until Aug. 13, where interest rates should bottom."

If he has puts on the TLT he thinks interest rates should peak around August 13 and the TLT fall.



To: Sittin_on_my_yaya who wrote (7199)7/14/2007 11:18:07 PM
From: Wade  Respond to of 29622
 
Thanks for sharing the ideas. I'll include them as references. The PM play is getting more interesting when the seasonal strength settles in.

I'll pick up more shares if there is any weakness. The chart of XAU:Gold clearly indicated that the shares are leading the charge, which is just as Andrew indicated. My remaining 20% cash will be fully invested before September. Good luck.