Monday, May 15, 2006
biggest drop in commodities prices
Zinc, copper and Gold prices dropped a lot last night. The assert market and the equities market are dropping in phase. This increases the risk my investment. The put options I bought last week starting to gain. To reduce risk and take some long-term profit off the table, I redeem part of my gold fund and Japanese fund.
I think a correction is coming. It's possible that the recent sell-off is just the the leading edge of it. The next few days and weeks will be interesting.
I think a correction is coming. It's possible that the recent sell-off is just the the leading edge of it. The next few days and weeks will be interesting.
# posted by Lobo @ 4:08 AM 
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