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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Defrocked who wrote (7869)10/27/1997 6:39:00 PM
From: Mark Nelson  Read Replies (1) | Respond to of 94695
 
Defrocked, I gotta hand it to you. Good posts, really good words.

<Treasuries are
indeed likely to provide a safe haven.>

Not for long. Japan will be (are?) selling into that rally as they will be needing $ to bail out their banks. Since they hold so much everyone will race for the exits tout suite. If you would like to short the long bond check out Rydex Juno Fund. (RYJUX Min: 25,000) What then? Swiss Franc? Gold?

I am seriously expecting a good recovery in the XAU when the dust settles. I am open to other index plays. Any suggestions?

Onward..
Mark