EUO is back up this morning as the Euro weakens.  This type of market activity ... up down up down is not good for markets as it scares away investors.  I am fairly convinced we are going to see a "down" period in both stocks and Gold and Silver as well as a strong period for the Dollar.  I intend to hold my short Euro position ( long EUO ) but I may reduce it a little in order to free up funds to buy ZSL.  If the markets fall they way I expect ZSL and EUO will go up but we could see a 20% move is ZSL versus a 10% move in EUO.  I also have a position in physical Gold and Silver which I do not count as trading but sometimes it doesn't hurt to hedge that position  by buying ZSL.
9/11/2012 06:02:01 pm

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6/4/2023 09:25:34 am

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