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


To: RockyBalboa who wrote (20665)6/4/2009 8:12:27 AM
From: RockyBalboa  Respond to of 71456
 
jesus those are superfast markets, but lots of liquidation...pound recovered 1500 in 9 minutes... that was too much,

I guess, at 13:40 today the pound saw 1.64 the very last time...



To: RockyBalboa who wrote (20665)6/4/2009 8:41:39 AM
From: Real Man  Read Replies (1) | Respond to of 71456
 
Yes, reflation trade is prime for a correction, and I am just
looking for a catalyst. Of course, it may just chug along,
but if there is a correction, it will probably be sharp and
short in duration. Which is why - looked at GM CDS as a possible
catalyst. I got out of GDX puts trade Yesterday, but I may
increase the sales of gold stocks to 50% from 33%, since
my allocation to paper got uncomfortably high -g- They will
crash if gold goes back to 900.