I'm listening to Gary K now. He's feeling like that there may be a short term bottom in. John Murphy posted this as well. Thinks short term (2 weeks), USD has bottomed; gold has topped.Housekeeping:
- I created a new widget on the markets. You can click on them to see the graph. I think that you'l like it.
- I've updated my weekly sector spreadsheet. Go to the sidebar to click on it.
- I've updated my quote box (I had to create an apostrophe image--part of my CSS learning).
I hope that you had a good day.
5 comments:
You can always buy puts against your industry. Out of the money leap puts can in normal time be bought at an inconsiderable price. You may have to find a close surrogate, but there is no reason it could not work. The biggest problem is that for most people, their income stream is a huge amount of money compared to their investment income.
Yes, you could do that. My vocation stream was much greater than my investment income.
Had a good day. Lifted my hedges. Waiting for a small pullback to add. Will reset hedges when this looks toppy. I'd guess about when earnings start coming out. Good luck.
Cat
Our little rally is doing a bit of give back. I hedged my EPP today with EEV.
Gut check time, L. I am about ready to stand aside. Credit spreads are not acting well and did you seee what short rates are doing? They are saying something really bad is out there.
Cat
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