tag:blogger.com,1999:blog-6492542366661862113.post1680392015179103528..comments2023-10-31T01:32:09.169-07:00Comments on The Housing Time Bomb: Blah MondayJeffhttp://www.blogger.com/profile/04450070920047311928noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6492542366661862113.post-63515863150709948262009-01-05T18:52:00.000-08:002009-01-05T18:52:00.000-08:00JoeyYeahI don't like gold here either. Deflation ...Joey<BR/><BR/>Yeah<BR/><BR/>I don't like gold here either. Deflation is the trade for now.<BR/><BR/>TBT worked again nicely today. <BR/>Some are calling for a rally heading into the jobs report.<BR/><BR/>I am not so confident. Futures are down a shade and almost all the world markets are green tonight.<BR/><BR/>Tomorrow will be interesting.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-23987773337620627012009-01-05T17:45:00.000-08:002009-01-05T17:45:00.000-08:00Gold was interesting today. I shorted on the init...Gold was interesting today. I shorted on the initial gap down this morning but was surprised to see it rebound about half it's decline. <BR/><BR/>UUP is a few weeks / months play, imo but your concerns are duly noted.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-44640929283008669282009-01-05T16:30:00.000-08:002009-01-05T16:30:00.000-08:00JoeyThats an interesting play. The dollar scares ...Joey<BR/><BR/>Thats an interesting play. The dollar scares me right now. I haven't seen UUP before. <BR/><BR/>That worked nice today for you. All of these bailouts have me nervous about the dollar.<BR/><BR/>The dollar a great deflation play, but the Fed actions are so counterproductive as they continue to blow up these deficits. <BR/><BR/>At some point I think are currency takes a hit and when it does its going to be violent. I think we have a ways to go before it happens tho. <BR/><BR/>This inflation/deflation debate is going to get interesting down the road. <BR/><BR/>Gold got creamed today because of that move in the dollar.<BR/><BR/>Great ideas! Thanks.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-27364922257356675212009-01-05T16:12:00.000-08:002009-01-05T16:12:00.000-08:00Nice trade ideas Jeff.The only thing I would add i...Nice trade ideas Jeff.<BR/><BR/>The only thing I would add is maybe taking a look at UUP due to deflation. It doesn't have a big trading range but I like UUP for it's consistency. <BR/><BR/>$DXY or $USD is the index (gotta use stockcharts for $USD - TOS doesn't have it). As long as it stays above 83, I think it's good to go. Should the $ reverse (nose dive) just grab the inverse, UDN. <BR/><BR/>Best,Anonymousnoreply@blogger.com