March 20, 2008
Deflation
so it’s options expiration today, i think the number of PUT options out there are propping the market up, pinning it…
the bond prices are going through the roof and the yield on the the 13 week treasury dropped to 0.3%!!!! all time record low. why would anyone want to put their money into something that yields 0.3%? safety, or we have deflation coming… gold, oil, metals, commodities all dropping
monday is going to be ugly.
buy SKF, SDS, and SMN
set it and forget it.