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Risk Happens Fast: Doug Kass

Doug Kass fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:

  • How the term winner can depend on the vantage point.
  • How J.C. Penney is doing.

Visit here for information on RealMoney, where you can see all the blogs, including Doug Kass'--and reader comments--in real time.

My Takeaways and Observations

"If it is what you say I love it...."

Risk Happens Fast -- and the reverberations of Tuesday's disclosures may weigh on the markets for a while as the administration's initiatives get further lost in the bowels of Washington D.C.

Back long SPDR Gold Trust ETF ( GLD) -- in a small way. I like that GLD breached support of $115 and rather than tank, regained that support and is close to $116. Also the junior mining...