Search results

There are ways to hedge your USD exposure in IRA type investments. Pimco has unhedged foreign government bond mutual funds, there is an ETF for foreign govt bonds (BWX), and some of the closed end funds specialize in that area. You can do quasi dollar short long currency trades with the...

Enjoy a nice 7 day vacation?

Well, agree with you on the first two but they were just what came to mind. Citi still is citi, so once the distress leaves, might feel differently about that. Your point however is well made and well taken.

Yeah, concur. Closed out my short and went long DJIA on the close at 8623. Only small though, cause my manliness really can only come through on the short side! :D

Ummm.. GM under 5, Ford at 2; citibank @ $13 (almost under 10!) Starting to get there....

Given how gamed the markets have been lately, would you be surprised if today's action was not more of the same? I am uncomfortable staying short after the close. Disclosure: closed out long SDS, long OTM SP puts

Yes, I am also eyeing some of these too. Obviously concerns would be: 1. Loss potential of levered CEF's due to the ARP situation and funding issues which will ultimately come out of net invest income. However, note that a 25% discount might mitigate that somewhat. 2. illiquidity 3...

Yes, I noted that also recently. Hoarding is obvious. Probably the reason that there was a hard stop on minting of gold/silver bullion coins by the US mint - people are removing cash from the banking system to purchase bullion. Probably not helpful to the overall economy, but self interest /...

And if we get lucky enough, we can all pay a world carbon tax too! Everybody!

Its clear that the old ways are ending. The big question is - what next?

$Cost, Love buying those deep discounts but OUCH!!!! FYI looked at the lack of a discount on CAF? Not sure what that means currently. May not be such a good sign.

I use ETF connect (www.etfconnect.com) and sometimes use the fund sorter (sort by discount or premium) or just go to the security directly. Be cautious as the site is not always correct, particularly about special dividends. NAV also available on nasdaq by putting an X infront of and behind...

More puking in asia tonight. Does not bode well for europe or US tomorrow. Isn't case shiller out tomorrow?

Been there, drew the same conclusions: http://www.elitetrader.com/vb/showthread.php?s=&threadid=77368&perpage=6&highlight=retirement&pagenumber=1 (shameless self production)

Oh, you mean like the market suddenly reversing at 2:30pm, like it does a whole heck of the time, and erasing 500 points of 800 down to close above 10,000? Nah, coincidence.

Oh yeah... me too. Intra-day discounts were sheer panic, although If I had a choice I would be scalping out of these soon. Have been DCA'ing back into my equity position using these vehicles. Bought more today. full disclosure: long BGR, MGU, ADX, RMA, JHP (ouch). Used stop limit...

Concur. Mutual fund liquidation in retirement portfolios is coming. Starts at noon today when they get a chance to check what's going on, continues through tomorrow. Without intervention we close -500 without fail.

Its good for the children.

Well, what do you say to your mates when you are about to: 1) Storm the beaches at Normandy 2) Rush the terrorists on flight 93 3) Dive headfirst into a tribe of naked amazons. Gentlemen, it has been a pleasure. My only regret is that our 700bio has not done anything to prevent...

35y.o. = expendable. This one should know better. But ambition clouds judgement at times.