19 OCTOBER
In euro denomination, 30 year US Treasuries, falling below mid 2000 to mid 2003 constant return line. Ie capital gains from lowering yield has balanced loss from waekening dollar etc ...
BUT now starting to fall below this line ...
SO sell dollar and sell 30 year, but in what ratio to keep them balanced??

A few more weeks of 30 year strength, then plunging?! Will create problems with stock market as well.

From Q1 SP will decline ....

But NASDAQ/SP ratio is still going up, so not yet ....


GOLD
Stocks will decline with market, but a few weeks later

Bullion tends to be owned by long term investors, not so volatile and fear should increase value.

Gold/metals relative strength may change - time to look at metal producers stocks soon.

Euro could drop a bit further before advancing further.
posted by Dil at 4:14 PM