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


To: re3 who wrote (88954)7/21/2009 8:33:54 PM
From: Real Man  Read Replies (2) | Respond to of 94695
 
Long gold 10 years, and adding on dips like this past October,
but I do load and unload gold equities.
Plan to be long gas until it gets more expensive. Not long
oil any more, it's kinda neutral now. -g-



To: re3 who wrote (88954)7/21/2009 9:20:09 PM
From: Real Man  Respond to of 94695
 
I expect 7-8$ for natural gas within a year, which is a nice
double from here, if not more. It should likely trade above
8 at some point. Oil is kinda neutral between 60 and 80, but
the printing presses are running at full speed, so who
knows where oil winds up once all that printed money hits it.
I'm still bullish on emerging markets, just careful with
the technical spiral sell on Spoos this week + long term
trend line that sits at the same level, and quite a few
non-confirmations between foreign markets and US, various
US markets, etc. All those things sound alarm bells for the
inflationists. Besides, the economy really sucks. It is
in depression. <G>