MARKETS,Anybody even yet?

[dinghy]

Big reaction from gold. GDX now above 66. I'm trying to trim, but waiting for the bid-ask spread to settle down.

[dinghy]

2yr Treasury yield now dipping below (about) 3.50. Quarter-point cut now seems certain, but half-point may be in play.

[wildman49]

Ya LULU might be a 3 day rule bottom next week. Mon-Tue.

[olds442jetaway]

I know I am a , and I have to admit I never heard of LuLu Athletic. I also rarely go into a shopping mall or shopping for that matter. I read a little about it and can’t get a real read on why I should own it either. Looks like it’s been straight down overall the last couple of years

[dinghy]

I read a little about it and can’t get a real read on why I should own it either.

I don't see any reason to NOT own it. It's reasonable (probably cheap) on valuation, with a strong balance sheet. I like the international growth because I think Orange Foolius will be neutralized.

Did I mention I was green again on a red day? WDOFF released good drilling results and no one cared, so I think it should move still higher, although the gold miners are arguably overbought by some measures.

[olds442jetaway]

Yes. I read the same drilling results. I almost sold at 14, but if a few more get Gold Fever, I think it will go higher. I get burned a lot by not taking a quick 10 percent, then waiting months or years only to use something as a tax loss.
BGS finally had some decent news on Yahoo. Knock on wood. They are keeping the big dividend so far. Sold RGLD way too early.
Can’t complain. Ahead a nice chunk overall for 2025.
I asked my sister about LULU. She lives in Sonoma where a small ranch house can sell for over a million bucks. She said…..OYeah! All the Yuppies around here buy their 100 dollar Yoga pants. . It’s still not for me. Hope you and Wildman prove me wrong. I read they wrote off Mirror as a bad debt. Forget when. Good luck with it.

[olds442jetaway]

Just the tiniest red today. Not bad. Green is better!

[dinghy]

I read they wrote off Mirror as a bad debt.

That was a flawed concept, upon ... reflection.

[onemoretry]

I read they wrote off Mirror as a bad debt.

That was a flawed concept, upon ... reflection.

Groan.

[olds442jetaway]

Hay OMT….being that LULU is a Canadian Company, whadda u thinka ? I see an ad where I can buy a plain white T shirt from them for 44 bucks!! . I guess rich people don’t care about the price. I also read that Canadian folks have to pay more from their stuff than US. Just curious more than anything. Do you have any friends or family that buy their stuff? Thanks