Comments on: Blame the computers? Bah humbug. http://sovereignspeculator.com/2010/05/06/blame-the-computers-bah-humbug/ Thoughts on the markets and the decline of the west Wed, 16 Nov 2011 06:23:50 +0000 http://wordpress.org/?v=2.6 By: Mike http://sovereignspeculator.com/2010/05/06/blame-the-computers-bah-humbug/#comment-9055 Mike Sat, 08 May 2010 00:29:25 +0000 http://sovereignspeculator.com/?p=4612#comment-9055 That's pretty cheap insurance. Other option is selling futures -- no time decay. That’s pretty cheap insurance. Other option is selling futures — no time decay.

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By: Andy Robbins http://sovereignspeculator.com/2010/05/06/blame-the-computers-bah-humbug/#comment-9054 Andy Robbins Fri, 07 May 2010 23:16:41 +0000 http://sovereignspeculator.com/?p=4612#comment-9054 > Maybe real money will win sooner than I thought, or > maybe this is a 2008 replay and gold will turn once > the waterfall gets underway. What do you think about holding gold and buying GLD PUTs to protect the downside? A Sept 2010 $100 PUT is $1.20, and the Jan 2011 about double, so it's a 1%/quarter insurance policy. andy > Maybe real money will win sooner than I thought, or
> maybe this is a 2008 replay and gold will turn once
> the waterfall gets underway.

What do you think about holding gold and buying GLD PUTs to protect the downside? A Sept 2010 $100 PUT is $1.20, and the Jan 2011 about double, so it’s a 1%/quarter insurance policy.

andy

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By: Mike http://sovereignspeculator.com/2010/05/06/blame-the-computers-bah-humbug/#comment-9039 Mike Fri, 07 May 2010 11:35:11 +0000 http://sovereignspeculator.com/?p=4612#comment-9039 Silver and gold never stay de-coupled for long. Silver and gold never stay de-coupled for long.

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By: Independent http://sovereignspeculator.com/2010/05/06/blame-the-computers-bah-humbug/#comment-9038 Independent Thu, 06 May 2010 23:01:20 +0000 http://sovereignspeculator.com/?p=4612#comment-9038 Silver was interesting today. It is trading more like an industrial metal than a precious metal. The decoupling with gold is starting to get pronounced. Silver was interesting today. It is trading more like an industrial metal than a precious metal. The decoupling with gold is starting to get pronounced.

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By: Max http://sovereignspeculator.com/2010/05/06/blame-the-computers-bah-humbug/#comment-9037 Max Thu, 06 May 2010 22:59:48 +0000 http://sovereignspeculator.com/?p=4612#comment-9037 A bunch of stocks and ETFs went to zero, or close to zero, today. They say that liquidity is a coward, but this is ridiculous. A bunch of stocks and ETFs went to zero, or close to zero, today. They say that liquidity is a coward, but this is ridiculous.

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By: PEJ http://sovereignspeculator.com/2010/05/06/blame-the-computers-bah-humbug/#comment-9036 PEJ Thu, 06 May 2010 22:07:14 +0000 http://sovereignspeculator.com/?p=4612#comment-9036 I'm just thinking these kinds of flights never reach their destinations, so 1250 seemed a good target to miss ;-) I’m just thinking these kinds of flights never reach their destinations, so 1250 seemed a good target to miss ;-)

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By: Mike http://sovereignspeculator.com/2010/05/06/blame-the-computers-bah-humbug/#comment-9035 Mike Thu, 06 May 2010 21:50:32 +0000 http://sovereignspeculator.com/?p=4612#comment-9035 Never say never about 1250, but I really doubt this sell-off is over. Why do we need an extra 30 SP points on the top? Wasn't 1220 good enough? Never say never about 1250, but I really doubt this sell-off is over. Why do we need an extra 30 SP points on the top? Wasn’t 1220 good enough?

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By: PEJ http://sovereignspeculator.com/2010/05/06/blame-the-computers-bah-humbug/#comment-9034 PEJ Thu, 06 May 2010 21:01:37 +0000 http://sovereignspeculator.com/?p=4612#comment-9034 Thanks Mike. It was indeed quite an exciting day; and I think we just attended to one of the many air pockets on the way to hard landing of the flight SPY1250 Thanks Mike. It was indeed quite an exciting day; and I think we just attended to one of the many air pockets on the way to hard landing of the flight SPY1250

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