Friday, March 31, 2006

FYI: We Are Buying This Dip

Oil and Gold both are lower this morning. They are weaker on some (irrelevant) news which makes this an excellent opportunity to add to our long positions via futures and long GLD stock.

I'll post an update on this later.

In the meantime, the equities markets are holding up well with a few ticks higher here and there. I do think the strength will continue, for now. I am looking for Housing to perk up higher even through technically the stocks look terrible. We're long calls on a bunch of issues here.



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At 8:40 PM, Blogger Dmitry said...

Thanks for the input. We trade options here - might be helpful to keep that in mind in the future.



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