Zeev's Turnips Patch-No Politics (ZEEV)

[Bullwinkle]

Say Jim have you looked at RRPIX? While we have had a pretty good move already there is more than likely some more upside to come in this fund and it is a great way to take advantage of the rising rates. The fund is leveraged 1.25:1 against the $TYX. I have taken a position in this and plan to hold it for a while. I am using this as a hedge against a couple of Jr Gold miners that I am holding. I figure I should have the bases covered if the dollar continues to strengthen (which will be on rising rate concerns) and if the dollar weakens gold should pick up the slack.

What I would ideally like to see is for both of these to move up in tandem, but I am not sure what the chances are of that happening in the short term. A little later I may move into some USPIX once this current move takes a turn for the worse. Seems like a good strategy although things change so much so often it is hard to say. Stocks do not appeal to me right now unless this market starts to show me something. More like a market of stocks than a stock market.

This current action may be good for you and the likes of Zeev because you guys are day traders and I believe a lot more volatility is to come, so my approach may not appeal to you where as for myself I follow trends and hold through the trend until it is dead. With the stops and starts as of late I find it easier to manage as opposed to playing individual stocks where I get whipsawed out of positions.

Disclaimer: This is in no way a solicitation to buy what I have mentioned. Do your DD before investing in any of the funds or equities stated