Replies to post #39641 on Zeev's Turnips Patch-No Politics (ZEEV)

[KastelCo]

sell gold stocks,
Wow ! What a catharsis for such a short hiatus...

Is that traders only, wild specs only or core positions too, the entire shebang ?

On the NG sure. In fact as I've never been out having kept substantial gassy trust holdings, AVN.UN, PWI.UN and recently been accumulating AE.UN (all TSE), but but but sell gold shares is a hard 180 for you no ?

regards,
Kastel
A cute and cuddly Canadian

EDIT I'm holding mostly wild speckies in the PM's like the recent SUL addition but I've lots of cash to deploy.... :o)

EDIT again... any prognostications on the USD then ?

[ItsAllCyclical]

>> So why am I bullish? <<

>> 1) dividend yields are higher than bond yields <<

They are? Hmmm, first I heard. On average dividend yields are still very low historically.

>> 2) Fed continues to cut rates -- don't fight the fed... <<

What about the last 300+ basis points? What's an extra 50 at most? Come on? Please tell me you're kidding.

>> 3) Presidential race push kicks into gear in 2003 <<

Now I know you're kidding.

>> 4) Between now and April are historically the best times to be in the markets <<

Ok, 1 for 4, but it ain't enough.

>> sell gold stocks, and invest in energy -- preferably natural gas weighted plays. <<

Sorry, not selling my gold plays here with the US Dollar still very overvalued. Of course these gold plays were bought near the recent lows so it's easier to hold. In terms of natural gas agree if you're very selective. But I'd prefer to play a special situation that will benefit from NG, namely EP (psst - nice yield as well).

Up until about 2 days ago this thread was downright bullish. Too many still worried about missing the bottom. Bearish sentiment? Nah.

[sylvester80]

"don't fight the fed..."

I guess then you must have been killed on the market during the past 2 years then, eh? <g>

[limtex]

Nov 04 is the begining of a turn around. It has to be said that there is no sign whatever of a turnaround in the economy now indeed it is beginning to look as if things are about to get worse yet again.

We are probably in uncharted waters and the marekt may even continue to go up incredible as it appears. But you are right you can't ifhg the fed except that the fed has got it consistently wrong since they started putting up interest rates just as business around the World was collapsing.

Some say well things couldn't have carried on as they were. Well maybe and maybe not but sending the economy back ten years or more is just about the greatest wrench in history.

And yet while all the signs were there for ttwo full eyars Mr G did things very very slowly and of course very cautiously very very very cautiously and watched as the US economy broke its back in slow motion.

Well of course we are where we are and thats what he would say and there is nothing he or anyone else could have done about it. But I don't accept that there is nothing that could be done. But so what I'm not the Fed Chairman and neither is anyone else except Mr G so what anyone else thinks is irrelevant. Thee economy is collapsing slowly day by day.

GReat job they did at the Fed.

Best,

L