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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (7035)5/7/2008 4:41:59 AM
From: stan_hughes  Read Replies (1) | Respond to of 71454
 
A week now since this and I haven't changed my mind -- Message 24551634

On the boat loading trade, WTFDIK, but unless you're only talking physical do not forget about a general equity tanking that takes the miners with it. I'd love to be able to buy the 2-year MA on XAU

Why tank now? There's a negative surprise coming on the employment data, and Mr. Market may not take it very well -- and rightfully so too, since it should shatter the denial phase equities are still in

So here's the deal -- you buy the next dip to POG 850 and I'll keep the dry powder for sub-800 and lower XAU -- that way one of us has to be right and will therefore still have money to buy both of us dinner

At least we won't starve that way -- think of it as a hedge LOL



To: Real Man who wrote (7035)5/7/2008 11:47:55 AM
From: LTK007  Read Replies (1) | Respond to of 71454
 
i concur fully, that is exactly what just told my broker.
The worst downside move would be to 780 imho and that would recover rapidly.Max