June 08, 2006

Dislocation begs for some action

I just nibbled at some TRF (Russia) down 10 percent more today. It is a broken country (stock terms), but I can't resist the dislocation.

The US markets could get real ugly and I am happy to have had a gameplan for that false positive push at the open.


Commodities are truly getting smoked. The US dollar is strong and rates are down. All the normal flight issues in a panic mode.


With most gold stocks down 5-10 percent more today, I am stepping up. Again, these trends and prices are breaking, but so is everything during a panic and the risk/reward looks best here.

Comments:
> Commodities are truly getting smoked. The US dollar is strong and rates are down. All the normal flight issues in a panic mode.

So you think USD will loose adventage from today vs. Euro, ...
 
Until policy changes in the US, expect a weak dollar, but day to day - have no idea - sorry
 
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