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Pimco’s Gross Buys Treasuries Amid Deflation Concern

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  • #16
    Re: Pimco’s Gross Buys Treasuries Amid Deflation Concern

    my srs holding is now play money. if it goes to zero i have lost my play money. still holding waiting for the crash. i now realize that just maybe the market will go up through inflation, with no increases in purchasing power. I still think some gvt supported entitiy is buying the market.
    nearly every day with light volume is up, high volume is down, although we really only had one big down day sept 1.

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    • #17
      Re: Pimco’s Gross Buys Treasuries Amid Deflation Concern

      Originally posted by raja View Post
      Have you sold your SRS at a loss . . . or are you holding out for a possible turn-around?
      Raja -

      I set a stop loss @ 15% below Mondays's closing price. Too little, too late, but what the hell. Maybe, my semi-capitulation gesture is causing this market crater today.
      I think I might have to operate on the Costanza theory going forward.

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