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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (103385)6/22/2008 3:32:27 AM
From: energyplay  Read Replies (1) | Respond to of 206085
 
Major Money leak -

hedge fund redemptions season.

mechanics something like this - you notify the hedge fund 45 or 60 days ahead that you will want 10 or 15% of your money back during certain windows, and then a few days after the X date, cash is transferred back.

money.cnn.com

The second half starts July 1.

Also note that after July 1, we will see certain institutional (pension, 401 (k) etc. ) money flows into the market.

So I am mostly holding my energy stocks, and about 15% cash, and plan to buy dips next week.