GREY:SXRZF - Post by User
Comment by
LouEon Apr 27, 2011 11:55am
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Post# 18494673
RE: RE: Time to manage large exposure in Markets
RE: RE: Time to manage large exposure in Marketsor cco is right now the best bargain of the 2, and much further oversold. Note that CCO bounced off the low of 27.25, and seems to be running strong away from that curve. In my mind either UUU falls inline with cco, OR...CCO falls upwards inline with uuu.
If you have to be invested in uranium right now...CCO seems the better avenue. (for those with investment loans, wanting to claim the interest against an investment...it has to be dividend bearing for 2011....which cco is.)
There was a time when cco was way overbought vs. uuu......that has reversed large now though.
I am dipping some cash in just for the afternoon. A feeler, maybe 100kish bucks.