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


To: posthumousone who wrote (25714)6/15/2011 9:20:43 PM
From: koan  Respond to of 119361
 
Best play in gold IMO is still NGD A wts. The 6 years of time value limits the downside but allows upside leverage.

I have no friggen idea what is going to happen; but what I find intereting in my own thinking is that in past downturns I was torn, but about two weeks ago I told the few friends who sort of rely on my counsel to just get out and for the first time I did not second guess myself?

I saw a 75% chance the market would take a big dump and a 33% chance gold could rise, so we stayed in about 25% of stuff that was too cheap to sell, like my 2012 HL options.

I am guessing my unconscious mind felt it saw it clearly?? This could be 08 II and it could be worse.