Posted on 11/10/2009 1:29:22 PM PST by blam
Rosenberg: Something Big Is About To Happen
The Pragmatic Capitalist
Nov. 10, 2009, 12:59 PM
David Rosenberg notes the incredible lop sided trading environment. The dollar short/long equities trade has become the no-brainer trade and is beginning to appear crowded. David notes:
Looking at the latest Commitment of Traders (COT) report, we can see some pretty interesting (and potentially disturbing) trends taking place (data for November 3rd):
The only areas where the speculators (non-commercial accounts) are net short are in Treasuries and in the U.S. dollar. Everything else has massive net speculative longs and hence near-term vulnerable to a reversal.
There is still a NET speculative short position in both the 10-year Treasury note of 85,551 contacts (on the Chicago Board of Trade ). There are 95,648 net short contracts on the long bond too.
[snip]
(Excerpt) Read more at businessinsider.com ...
GLD
Please explain in layman’s terms. Correct me if I am wrong, but it sounds like Commodity investments are where people are putting their long term confidence in? The dollar, Bonds, etc are in big trouble and will soon drop? Is that the gist of it?
Help!
What does that mean?
What should I do with our 401K?
Is $oro$ pulling strings again?
Someone a lot smarter than me will be by shortly to explain it to all of us. (Often times, this is the reason I post an article.)
There are lot of conspiracy theories here concerning the economy since Obama was elected. It seems America was inching along towards socialism just fine ‘without an abrupt downward spiral. Why provoke the masses (sheeple)? Wouldnt the Soros types be afraid of of sparking a revolution that could backfire on their internationalists schemes? To quote a Marxist:
“Revolutions are fueled by empty stomaches” Che
Like any investment, diversify.
Not only is something big going to happen, its going to happen sometime.
Sometime in the future, something is going to happen. You can bet on it.
Thanks! That is great advice!
Diversify is the only financial advice you should take from anyone on a message board. For anything else, hire a professional.
Avoid at all costs people who say the opposite (put all your money in xx..)
I can tell you what I did ... moved my money to a China fund and a Latin America fund. I have recovered all of my loses and I am positioned to take advantage of a declining dollar and rising oil prices that will result.
The problem is that when we have let the professionals help, we’ve lost money.
We have to keep on top of things.
A hint about where to put the money is always good.
Can someone tell me what this means? It doesn’t sound good to me.
We are doomed anyway.....ABORTION....GAY RIGHTS....FACISM.....God will NOT be mocked.
Hell!.......Look at silver!...If that's not manipulation nothing is!.....but Bill Butler has been explaining that for Yrs!....Do your own DD and let me know what u think???
Hell!.......Look at silver!...If that's not manipulation nothing is!.....but Bill Butler has been explaining that for Yrs!....Do your own DD and let me know what u think???
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