Sunday, July 27, 2008

New polls

QMNM week, i'll take a run similar to the production announcement.

DYODD, but i'm personally looking for .045 to book a bit (unless it's something HUGE)

5 comments:

Latviski said...

Obviously, you're thinking we get a solid pop on the call, then more shorting/retreating back to .02-ish levels?

I'd never turn down a solid double, just don't want to unload all my shares in case she really lifts unexpectedly while I'm out waiting to reload!

Maybe book 1/2, reload near .02 level if it comes back that low? Whaddya think about that strategy?

NotNOW said...

I have high hopes for QMNM, though not necessarily in the short term. The mortgage bailout bill IMO firmly establishes the government's intention to inflate. Anything real is a good investment in an inflationary environment.

Latviski said...

Let's all keep a real close eye on the TNX this week. Should def. act strongly in response to FNM/FRE bailout crap.

Our gov't has just set us up for a MAJOR fall IMO. Going to be loving the UYG/SKF pair even more so REAL soon.

JoeGoog23 said...

Probably only 1/4 Lat!!! I don't think it'll pullback under .03 and wouldn't be surprised if it doesn't hold any gain and pop Wednesday morning.

NOTNOW - you gonna listen to the call???

NotNOW said...

If I can get away, yes.