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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Proud Deplorable who wrote (168335)7/7/2009 7:40:10 PM
From: Claude Cormier1 Recommendation  Read Replies (4) | Respond to of 312555
 
I think we are heading into a very big mess. Nuch bigger than we have seen so far. So I see everything but gold lower including oil. I will probably be wrong but that is my opinion.

Clearly, I hope that you will do fine with your DMM.

As for EC, I am not interested now. Have enough money at risk in Ecuador with DMM. Beside, I like drill plays only if they have already a growing and big resource and much prefer growing producers.



To: Proud Deplorable who wrote (168335)7/7/2009 11:23:33 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 312555
 
So far isn't your oil thesis opposite to what has been happening ? Deflation is not about green shoots and oil needs green shoots..

Besides deflation isn't about the price of oil.. it's about all the debt that yet needs to be wrung out of the system and all the savings folks are doing instead of spending and playing the Casino...

Did you see russet's post on market stats ?



To: Proud Deplorable who wrote (168335)7/8/2009 12:26:56 AM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 312555
 
I'm in DMM for the 3rd time so if it fails it's down for the count.

The fee structure of DMM/UMM is horrible and there is zero opportunity to arbitrage these two "products" to keep them in line with NAV because they do not track anything even remotely resembling a tradable underlying or spot price. These are little more than fee generators and I would stay away from them entirely.

The SEC should never have approved these. Especially as MacroShares has a history of failed "ETF-like" products.

IMO, etc.



To: Proud Deplorable who wrote (168335)7/8/2009 8:32:55 AM
From: Cogito Ergo Sum  Respond to of 312555
 
This is deflationary... even folks that do not drive are in on this party.. Message 25766812