Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: littlebitmoore2 who wrote (15095)	2/4/2009 4:07:33 PM
From: SliderOnTheBlack	5 Recommendations Read Replies (1) \| Respond to of 50560

re: ["how bout' some more specific trading thoughts?! "] I haven't changed much lately... -- Long gold. -- Long gold stocks (NEM GG AEM KGC AUY MFN) 5/6 largest gold positions, SLW largest Silver stock position). -- Long Yen (via FXY).I also use FXY to park cash, but watch it closely. -- Cash, varies on trading positions, I like to keep at least 20-25% in this environment for both opportunity, and safety. And it's not unusual to be as high as 50%+ when taking profits into a rally. -- Short the DOW/S&P (via SH/DOG) mainly as a hedge to current long position in gold stocks at this sub 8000 level in the DOW and low 830ish S&P level. But, I'm waiting to go short on much larger trade (via 2X SDS/DXD) on any "significant" rally on the bailout/stimulus approval. And I've got 3,4 non-PM stocks that I actively trade both long & short. I closed out my TBT position because I thought the Fed would announce that they were actively buying long dated Treasuries. But, they didn't reaffirm, which I think may be a trap, as I think buying long dated Treasuries will be a main part of their policy, and stimulus & bailout package. It's a win-win for the Banksters... They will print money to buy long dated Treasuries because... -- they have to! -- it keeps mortgage rates down/stimulates home sales & refi's. -- competitively devalues the Dollar/helps US exporters/jobs. There can be no question that given the coming supply of Treasuries, that the U.S. Treasury will have to print money to buy them. And they can't afford for long rates to rise, because it will kill any recovery in the housing market and cap consumer spending. The US not only wants, it needs a weaker dollar to stimulate US exports and save US jobs. Geithner has already re-opened the China currency manipulation box. Same policy as Paulson/Bernanke... talk a strong dollar, walk a weak dollar policy. It just makes too much sense to buy long dated Treasuries for it not to happen. And given the cover the Dollar has in this global deleveraging, via being the reserve currency, it's the perfect time to start doing it... right now. One day, short Treasuries will be a huge long term trend trade. But, I don't think it's here and now. That's my .02 ameri's. S.O.T.B. PS: Also long lead + sulfur, charcoal, and saltpeter. ;)