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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (233954)12/22/2009 11:03:30 AM
From: No Mo MoRead Replies (1) | Respond to of 306849
 
I've started to take off some DZZ hedges.

If we get as low as gold $1050'ish, all hedges will be gone. That said, I'll have a lighter PM / higher cash position than I've had for months.



To: patron_anejo_por_favor who wrote (233954)12/22/2009 11:20:16 AM
From: James HuttonRead Replies (1) | Respond to of 306849
 
Yeah, I think gold and gold stocks are dead money until early next year. We'll see if gold holds support in the low 1000s. I think it will, BWTFDIK. I should have bought January 16 SLV puts instead of December. Oh well.

GORO my only gold stock holding, plus a little FNV.to. Too bad they didn't get IRC.

TYX quietly hitting overhead resistance. Why mention that when you can talk about internet xmas sales. Looks like the bond market vigilantes finally getting traction with BB allegedly out of the long end of the treasury market.

Funny - I had CNBC on yesterday, which I rarely do anymore. They were patting themselves on the back for pushing the market up because of Liesman's interview with Chicago Fed guy, in which he supposedly said interest rates would stay low for at least another three or four meetings, but that they would raise before 2012.