Official Short-term Investments Thread

[davidI]

Originally posted by yoda124
Today was the blowoff top I was looking for.I backed up the truck and short crude, s&p500, and tsx60.Added some forex us dollars as well.

Nice Call! :thumbsup:

[davidI]

Originally posted by sputnik
you oil bears make me laugh every morning

This morning I'm laughing at everyone who was bullish despite the awful fundamentals. Go HOD haha.

[max_boost]

What's your exit strategy davidI? $60 oil? :dunno:

[davidI]

Originally posted by max_boost
What's your exit strategy davidI? $60 oil? :dunno:

Likely more around the $64 level. All the uncertainty around the US$ sketches me out.

[SilverRex]

gold dip almost 30 dollars from its 991 high. talk about a phucking time it came down geez :D

[Dinan]

Originally posted by SilverRex
gold dip almost 30 dollars from its 991 high. talk about a phucking time it came down geez :D


i guess another 30 to go :)



i'll wait for 64-65 oil to get out of HOD, sounds about tight, i think..

[Z_Fan]

Yeah, I couldn't believe the rally in oil and gold lasted for so long. I actually sold my HGU yesterday at a small loss from when I bought it. But now I'm way ahead of where I would have been.

I also decided to buy HOD yesterday.

So hopefully the market will go in to the shitter here for a while. :poosie:

[Dinan]

so what you guys planning on buying? hnu or gas???

[bigbadboss101]

When do you think is good entry point on hnu?

[SilverRex]

I expect gold bleeding to stop around the low 960s and expect it will rally a bit back upwards. but while everyone believe its a great buying opportunity, the trend may have changed as the US dollar index looks like it has broken its sharp down trend line and will eventually work its way back to 80 and a re-entry above 80 will signal further strength this of course will send oil and gold lower.

[in*10*se]

My thoughts on HOD/HOU

The EIA numbers were just released and they were not constructive. With respect to the marquee numbers, crude built by 2.9 million bbls versus the expectation of a modest fall, gasoline stocks had a small draw but less than expectations, and distillate stocks built by over 1 million bbls, again more than expectations. On the face of it these numbers were bearish, but it gets worse:



- West Coast crude inventories drew by 1.7 million bbls - West Coast movements are typically ignored by the market, and the crude build excluding the West Coast ratchets up to 4.6 million bbls

- crude imports were up 868,000 b/d or almost 10% from the previous week – first sign of offloading of floating storage into onshore inventories

- gasoline demand plummeted by over 500,000 b/d from 9.54 million to 9.02 million b/d over the past week

- across the barrel, total product demand fell below 18 million b/d to 17.7 million b/d, a drop of 900,000 b/d week over week and based on our records it appears to be the first time this decade (or century for that matter) that total product demand in the US has fallen below 18 million b/d. The weekly total product demand number now lies 2.5 million b/d below the original demand number posted by the EIA for this week a year ago.



The market has not responded well, off about $1.00 since the release of the numbers, but still trading above $67.00. If the market manages to rebound and end the day higher after these inventory numbers, it will be further confirmation that market sentiment is overwhelmingly positive. But if the near-term fundamentals take hold we could be looking to revisit the 200-day moving average down at $61.00.

[Dinan]

any takers on HNU ?

[max_boost]

Oh the bloodbath. It was coming sooner or later. :nut:

[bigbadboss101]

I bought HOU yesterday, and sold HOD early. Also have quite a bit of HGU. Come on Gold!

[SilverRex]

i expect DOW to rebound around 8600 as this was the previous double top, 1st test will no doubt rally off here. there fore the run could either continue or until we break below 8600 to confirm we are entering a selling trend.

I believe gold, silver and oil should slowly creep up to a certain point, then another wave sell off begins.

[djayz]

Originally posted by Dinan
any takers on HNU ?

Have an open order at 5.90 which was my last entry point as well, should see some good upside after that.

[KleanCord]

Bears are always right.

When the market goes up bears are right because the fundamentals make sense.

When the market goes down bears are right because it is finally coming to it's senses.

Calling this a bear market rally would imply that we have to at least get down to ~660 and more likely break below that to confirm a downward trend.

At what point will the bears finally roll over and say this is a bull market even if a correction is imminent.

Think about this. 3 times in history has the market reverted back 12 years or prices. Each time was the bottom.

We are trading above the 200dma. Even if this doesn't hold up, which could be possible consider that the 20EMA which has proven to be a buy signal is rapidly approaching and sits at 905. The 50DMA is 875 and climbing. We are up 40% percent for crying out loud and still this is a bear market rally.

Economic indicators are improving not regressing. Banks are lending to each other and the consumer. Home sales are coming back, people will buy cars again, and the world is not over.

Throw that P/E metric out the window. Even Graham who brought up this point originally stating overbought and oversold markets used 10 year averages. This was also based in a time when people had other alternatives in investing. Right now my 1% bank account, or 4% government bonds do not offer competition to 4.5% TransCanada dividend yield. Especially in inflation scenarios.

Remember how bad things were in March and think if this market is truly capable of replicating those lows.

So is it all up from here? Of course not. We just went up 4 days straight so of course today is going to go down. I am also not overly rosy on the economy and feel that we will go through another recession scenario 5 years or so down the road. But in the meantime just accept that you aren't seeing 666 on the SP again. This market has rallied through so much and everyone HOPES it goes back down to get another shot at ridiculous deals.

If you still read up till this point I would be very interested in knowing the arguments for a scenario that we could get that low to keep saying this is still a bear market.

[aklalani]

Originally posted by djayz


Have an open order at 5.90 which was my last entry point as well, should see some good upside after that.

id pickup hnu at any price below $6 today. already picked some up at $5.95. Sold my hnd and hod today :)

[SilverRex]

Originally posted by KleanCord
Bears are always right.

When the market goes up bears are right because the fundamentals make sense.

When the market goes down bears are right because it is finally coming to it's senses.

Calling this a bear market rally would imply that we have to at least get down to ~660 and more likely break below that to confirm a downward trend.

At what point will the bears finally roll over and say this is a bull market even if a correction is imminent.

Think about this. 3 times in history has the market reverted back 12 years or prices. Each time was the bottom.

We are trading above the 200dma. Even if this doesn't hold up, which could be possible consider that the 20EMA which has proven to be a buy signal is rapidly approaching and sits at 905. The 50DMA is 875 and climbing. We are up 40% percent for crying out loud and still this is a bear market rally.

Economic indicators are improving not regressing. Banks are lending to each other and the consumer. Home sales are coming back, people will buy cars again, and the world is not over.

Throw that P/E metric out the window. Even Graham who brought up this point originally stating overbought and oversold markets used 10 year averages. This was also based in a time when people had other alternatives in investing. Right now my 1% bank account, or 4% government bonds do not offer competition to 4.5% TransCanada dividend yield. Especially in inflation scenarios.

Remember how bad things were in March and think if this market is truly capable of replicating those lows.

So is it all up from here? Of course not. We just went up 4 days straight so of course today is going to go down. I am also not overly rosy on the economy and feel that we will go through another recession scenario 5 years or so down the road. But in the meantime just accept that you aren't seeing 666 on the SP again. This market has rallied through so much and everyone HOPES it goes back down to get another shot at ridiculous deals.

If you still read up till this point I would be very interested in knowing the arguments for a scenario that we could get that low to keep saying this is still a bear market.

we will know soon enough if this market is a bear rally trap or simply overbought waiting for a good pull back before taking higher.

the only question is, is this recession an inflationary one or a true deflationary enviornment. If it mirriors 1930 deflation, then we will soon see the DOW will eventually sell off to a new low somewhere between 3-5000. And this recent rally has the making of the same record rally back into 30s only to sell of to new lows.

But if this was inflationary one. like the 70s. then I would imagine all we will get is a healty retracement pulling DOW back down somewhere in the mid 7000, if that is the case it would set up a pretty nice reverse head and shoulder pattern that would take DOW back above 10k, asuming 8800 high to low of 6500 that is about 2300 so add 2300 onto 8800 and you get 11100. I read goldrunner's analysis and he calls that we are very much similar to the 70s as an inflationary enviorment.

and I surely hope so because I hate to see 20 dollar oil and 600 dollar gold. If we get this right, it will set up gold nicely to break 1000 and beyond. oil will find a bottom maybe 55? then it will be one last time of buying of the century.

[KleanCord]

Originally posted by SilverRex


we will know soon enough if this market is a bear rally trap or simply overbought waiting for a good pull back before taking higher.

the only question is, is this recession an inflationary one or a true deflationary enviornment. If it mirriors 1930 deflation, then we will soon see the DOW will eventually sell off to a new low somewhere between 3-5000. And this recent rally has the making of the same record rally back into 30s only to sell of to new lows.

But if this was inflationary one. like the 70s. then I would imagine all we will get is a healty retracement pulling DOW back down somewhere in the mid 7000, if that is the case it would set up a pretty nice reverse head and shoulder pattern that would take DOW back above 10k, asuming 8800 high to low of 6500 that is about 2300 so add 2300 onto 8800 and you get 11100. I read goldrunner's analysis and he calls that we are very much similar to the 70s as an inflationary enviorment.

and I surely hope so because I hate to see 20 dollar oil and 600 dollar gold. If we get this right, it will set up gold nicely to break 1000 and beyond. oil will find a bottom maybe 55? then it will be one last time of buying of the century.

I can't see the comparisons to the 30s. 1970s seems like the most obvious comparison.

I think the real question that has not been asked is if the world would have gone through more great depression scenarios in the 50s if not for WWII stimulus, in the 70s if not for monetary stimulus, and finally right now if not for monetary stimulus.

All recessions are deflationary by definition and maybe the reason why we are taking the exact same approach that was taken in the 70s which will probably doom us to the same result of 1982, is because the alternative is going through a deflationary spiral like the 30s.

It seems like rule number 1 is to inject capital and cause inflation at all costs. Since the 30s the US government has never treated a recession by letting the market work itself out.

[SilverRex]

^

well, for all we know we could have both, meaning we will have inflation follow by deflation. because the amount of debt that is eroding our credit away is still massive and if you think about it, would a few trillion be enough to save the 60 trillion or was it 600 trillion of bad debt world wide.

This would (if you follow H.S dent theory) when the trillions of dollar injection start hitting the streets, we could have a temporary hyperinflation, but this will bring on a hyperinflationary recession as the gov raises interest rates to double digits to combat it before the economy fully recovers.

The only difference between this inflationary recession and the 80s is that the world hasnt been in such massive debt before so it could bring on another unthinkingabove deleveraging and deflation as even more credit disappear.

[sputnik]

Originally posted by davidI
I don't think the fundamentals justify $66 oil which is why I picked up HOD at $13.10 haha. Hopefully the US$ bounces back a bit this week.


Originally posted by davidI
This morning I'm laughing at everyone who was bullish despite the awful fundamentals. Go HOD haha.

So I guess you have a way to go to make decent money.

[max_boost]

So what would happen if we saw double digit interest rate? Inflation out of control? Isn't there a way to control it? :dunno:

Assuming I have no debt, paid off cars and house when that hits, I can just go and buy a GIC and lock in at 10% at 5 years? lol That would be useless as purchasing power is erroded due to the inflation? :dunno:

How would the stock market react to that type of economic condition? Crash it? or 20,000 TSX? Just running a few scenarios through my mind.

[KleanCord]

^That is not entirely out the question.

The thing is it is probably not likely until a few years down the road. Once people get comfortable again and the recession is in the rear view mirror they will start spending again.

It is not like it hasn't happened before as we saw in the 80s double digit inflation and 22% mortgage rates.

Another big reason to be in stocks. Bond values are the same as debt and in inflationary environments both favor the person issuing the bonds and in debt.

Although inflation has not been great for stocks your alternatives fair worse. In fact probably you best investment would be TIPS and hard asset securities.

You asked "isn't there a way to control it?" In fact it is one of the easiest things to control. The problem is you can cripple the economy while doing it. All it takes is to raise the interest rate until people stop spending, save more, and are forced to pay higher interest charges on mortgages and loans. People aren't chasing as many houses, cars, or consumer products and the economy cools off which puts the brakes on inflation.

[davidI]

Originally posted by sputnik


So I guess you have a way to go to make decent money.

Nah, I'm already in decent money. I picked up some more at 12.15 so my average cost is in the $12.60 range. I cleared a few out today, will hold the rest hoping for $64 oil.

[davidI]

Originally posted by max_boost

Assuming I have no debt, paid off cars and house when that hits, I can just go and buy a GIC and lock in at 10% at 5 years? lol That would be useless as purchasing power is erroded due to the inflation? :dunno:


I'll look at buying up commodities if inflationary pressures go up. Theory being that commodities will appreciate at the rate of inflation since they're assets.

Cash is one of if not the worst thing to have during an inflationary period IMO. Debt is likely one of the best things to have...imagine having a loan at 4% and being able to lock into a GIC at 10%? Easy money!

[sputnik]

I remember having a 5 year 12.75% GIC when I was 7.

Unfortunately I only had $600 in it.

[davidI]

Interesting chart to look at when considering whether this is a bear market rally or if things really are bullish now.

[max_boost]

Right now I'm trying to decide what the best course of action is. Say if the TSX does meltdown to 8000 again (close to triple bottom), take $100-$200K out of the HELOC and buy XIU? 2% interest loan vs potentially 10/20/30/40/50--->100% gains? LOL

Am I out to lunch here? Remember, XIU is the S&PTSX60, not 2X leverage or high risk stuff but there is still some risk obviously.

[hattonlynch]

Originally posted by SilverRex
^

well, for all we know we could have both, meaning we will have inflation follow by deflation. because the amount of debt that is eroding our credit away is still massive and if you think about it, would a few trillion be enough to save the 60 trillion or was it 600 trillion of bad debt world wide.

This would (if you follow H.S dent theory) when the trillions of dollar injection start hitting the streets, we could have a temporary hyperinflation, but this will bring on a hyperinflationary recession as the gov raises interest rates to double digits to combat it before the economy fully recovers.

The only difference between this inflationary recession and the 80s is that the world hasnt been in such massive debt before so it could bring on another unthinkingabove deleveraging and deflation as even more credit disappear.
Dent is an asshat man..i wouldnt believe anything he has to say

[SilverRex]

Originally posted by davidI
Interesting chart to look at when considering whether this is a bear market rally or if things really are bullish now.

interesting, a good indicator, which confirms, if we are in a deflationary depression like the 30s, then we will see new lows and the water fall decline continues, but if this a inflationary decline we should see a healthy correction back into the 7000s then reverse with a H&S pattern out to a new high then its time to load up :) and go long.

[SilverRex]

ok well no surprise on all the charts thus far, gold broke down and oil broke down as expected. is it no wonder DOW suddenly surges in the last 15 min and close way above 8600? which is a very important support.

it all comes down to us dollar

and looking at the chart its right at or near the down trend line, this trend channel has been in a decline for quite some time, so either its going to hold and force everything back up as it drops again, or it will break and suggest a new trend. while I expect the US dollar would make a strong rally soon if not now but looking at a similar pattern when it first got to 83, it could look like its another failed pattern that will lead it back to the down side.

if so then we would see oil get back up, gold bounce off 960 which it did this morning.

Im taken considration that someone on another forum posted that gold's cycle low is at around 3rd and 4th of June. And so far its playing out. I would suggest getting long on gold at low 960s with stops below 960. we wont see 940 until 960 is broken to the down side, until then lets assume the weakness of US dollar remains and if gold as more upside then getting long on 960 should provide us with a solid base.

http://i278.photobucket.com/albums/kk118/genmaster/dollarc.jpg

[davidI]

I love SRs charts, but for some more technical analysis I enjoy this site:

http://www.timingthemarket.ca/

Don Vialoux seems to have a pretty good feel of things. I've been reading his predictions for the last several months and they jive with both SR's charts & my views as well as what often actually plays out (imagine that!).

[davidI]

Depending on how things look today I may exit HOD and look to re-enter at a better position. Looks like the US$ is continuing it's downward trend thus far...

[bigbadboss101]

Darn natural gas. 5.50 for HGU

[Dinan]

bought some at 5.51 , should have bought more.. will see if it drops....

[yellowsnow]

sold HEB @ 2.98 :) bought at 1.50

[sputnik]

Originally posted by davidI


Nah, I'm already in decent money. I picked up some more at 12.15 so my average cost is in the $12.60 range. I cleared a few out today, will hold the rest hoping for $64 oil.


Originally posted by davidI
Depending on how things look today I may exit HOD and look to re-enter at a better position. Looks like the US$ is continuing it's downward trend thus far...

Are you still hanging onto HOD today?

Or did you sell at a loss?

[guessboi]

anyone re-buying HNU under 6?

[Dinan]

Originally posted by sputnik




Are you still hanging onto HOD today?

Or did you sell at a loss?

maybe he is buying more... i got out with a small profit the other day, i don't like going against OIL lol....he US is dropping again

[davidI]

Originally posted by sputnik


Are you still hanging onto HOD today?

Or did you sell at a loss?

Sold some at a small loss this morning. Just holding a couple hundred shares now. I'll look at re-entering in the next few days depending on what happens with the US$ but as I'm out of the office tomorrow I'll likely wait and see how the markets look on Monday.

[max_boost]

Keep holding HOU? What's the word SR?

[Dinan]

what about HNU?

[ckangarloo]

Originally posted by max_boost
Keep holding HOU? What's the word SR?

I just got a "market club trade triangle alert" saying now is the time to exit all long crude positions.
http://crudeoiltrader.blogspot.com/2009/06/alert-trade-triangle-technology-signals.html

I don't know about this trade triangles thing but its been decent lately.

Rich Olney on the other hand is staying long. By his account, another one or two pull backs are in order to change the current upward trend.
http://crudeoiltradingsmallspecs.blogspot.com/2009/06/market-summary-6309-wednesday.html

[Z_Fan]

HNU just went on a tear.

I fucking sold it at $5.90 and not 5 minutes later...BAM!

[Dinan]

Originally posted by Z_Fan
HNU just went on a tear.

I fucking sold it at $5.90 and not 5 minutes later...BAM!

why would you sell under 6$, i thought everything under 6 was a good buy... ii'm still holding mine, just don't know for how long....

[bigbadboss101]

didn't pull the trigger when it was $5.50 and put in a bid of $5.22 instead. This thing is volatile!

[Z_Fan]

I bought it cheap when it dropped and making a couple hundred bucks in 20 minutes seemed like an OK thing to do. Only problem was I could have made a couple hundred more bucks in the next 5 minutes! :poosie:

[Dinan]

Originally posted by Z_Fan
I bought it cheap when it dropped and making a couple hundred bucks in 20 minutes seemed like an OK thing to do. Only problem was I could have made a couple hundred more bucks in the next 5 minutes! :poosie:

true true,,,, ahhh, i'm not sure when to sell.... :dunno:

SR, what you think?

[civic_rida]

hnu is my new favorite stock lol.

[max_boost]

$70 oil!
$10 HOU!

YOU CAN DO IT! :thumbsup:

[Dinan]

WOW, am i glad i sold HOD...... damn look at oil go.....


and man the volatility on HNU..... i don't know if i should play the dips or hold till the winter lol

[guessboi]

I think HNU will be strong for winter. just like HOU for the summer.

[davidI]

Oil is definitely ripping it today! We'll see if it breaks $70 or if there is any resistance there. I haven't decided whether to grab more HOD or wait for a sure sign of resistance yet.

As far as HND / HNU goes, I'm not going to touch either until gas is < $3.20 or > $4.20. It's hovering somewhere in the middle of that range (likely where it should be) right now so until I feel it's oversold or overbought I'm staying away. Inventory is still moving up and with all the shale gas potential I can't see it breaking out too far on the upside.

http://www.eia.doe.gov/oil_gas/natural_gas/ngs/ngs.gif

[aklalani]

picked up HNU this morning at $5.75 :)

Looking good so far. Still pissed about getting stopped out of my 13000 HOU yesterday. FUCK

[max_boost]

No stops. Buy more on dips. ;)

[Chandler_Racing]

I'm thinking 11.78 is a good entry point for HOD.

Missed the dip on HNU to 5.50. Will also pick some up if it hits ~5.75

[KappaSigma]

HEB shooting up big time. Something has to be up for close today.

[max_boost]

Got stopped out of HOU at $9.90 and trying to get back in at $9.70 lol

As for HEB, wow, crazy.

Can someone explain GAS to me? Natural gas is up slightly but GAS etf is down 3%. :confused:

HNU has rebounded nicely.

[sputnik]

Originally posted by max_boost
Can someone explain GAS to me? Natural gas is up slightly but GAS etf is down 3%. :confused:

HNU has rebounded nicely.

The GAS ETF is based on the NGX Natural Gas Index which is based on the natural gas traded on and cleared through the Natural Gas Exchange (here in Calgary as a matter of fact).

It is VERY heavily weighted on Alberta (AECO) gas and not so much in terms of NYMEX futures. So you won't be gaining much when the USD drops since a good portion of the exchange is traded in CAD/GJ.

Here is a good link if you want to see how the NGX Natural Gas Index is calculated.

http://www.ngx.com/pdf/NGXPIMG.pdf

[997TT]

reading some of the boards on google.ca/finance on HEB and sure seems interesting. A few speculators are saying anything from $10-$40/share if approved.

Not sure if its worth chucking some money at ... i guess invest what you can afford to lose cause this thing could drop just as fast as it has risen leaving you with a 60% loss.

[Dinan]

but know what knows when the approval date is, they said 1-2weeks from the 25th, so it SHOULD be MONDAY.... wow, 40, that's a lot...

[911fever]

HEB will go up either way though.

[Dinan]

did you buy ?

[Euro_Trash]

Originally posted by Dinan
did you buy ?
You thinking of picking some up tomorrow?

[Rat Fink]

.

[Das Auto]

Any of you watching Magna International? I was totally oblivious about them till some guys at work were talking about them. Apperently they have been buying up pieces for sometime to construct a electric car, and for a while been looking to aquire a car company. Plus they've presented a converted focus to ford which landed them a contract.

Their stock is trading still pretty high, but that potential is pretty tempting. I don't have the confidence to invest in them right now but when the economy bounces back and can afford luxury items again could be a big player in the industry. Anybody else have thoughts on them?

[slick2404]

Originally posted by 997TT
reading some of the boards on google.ca/finance on HEB and sure seems interesting. A few speculators are saying anything from $10-$40/share if approved.

Not sure if its worth chucking some money at ... i guess invest what you can afford to lose cause this thing could drop just as fast as it has risen leaving you with a 60% loss.


Those google discussions are a complete waste of time haha, only good for a laugh or two. I'm still in on HEB, but at this point its all gravy already took my profits just playing with house money now.

I am debating getting in on UUU, not sure if I should hold out I was thinking of getting in at the 1.50 point, but the lowest i think i saw it was 1.58~ and then it had a nice 12% gain up to 1.87 i believe. What do you guys think, hold off until the news settles down and then get in?

I'm not big time enough to get into the ETF game haha

[SilverRex]

ok its friday, how are we going to do on 1st week of June. No new chart updates other than the US dollar index simply because most chart continues to trade in their respective channels. so all eyes on US dollar looking at it you can see it just bounced off its down trend line again. now it will be interesting as you have an uptrend forming and down trending soon meeting together. so it has to make a move either up or down. I cant rule out volality since most investor will continue to believe in sell the rallies for the US dollar hence if we are going to see higher US dollar it aint moving without a fight.

that said, we can say oil and gold is either near a top or beginning of another leg higher it will all depend on the performence of the US dollar.

while the US dollar still has some room to go until it meets its most important support at 77.77, I just get the feeling it may have bottomed out at 78.3 few days ago. why? because looking at other charts such as the CAD and JPY they've all broken their uptrend.

also with the overbought confidition showing up on the PM, silver has now looks to be forming a massive head and shoulder pattern on the 1 hour chart. So gut feels tells me we should see a breakout of the US dollar and it will begin a slow grind upwards. Unless gold can make a new high above 991 I think its best to wait and see what the trend says then buy the dips on a up move or sell the rallies on a swoon.

one thing oil right now is right up against its high around 69.5, top side of the channel suggest upper target now stands at 70.50-71 scary. What is lifting oil higher? everyone says its the US dollar yes, but yesterday when the US dollar raised sharply , oil didnt really drop instead it actually went higher while everyone else tanked against the greenback. we should have saw oil touched its bottom half of a the trend channel to around 64 for a best entry divergence but it didnt do that. its quite bullish imo, so perhaps it wants to raise first before dropping? if so 70 area may offer a good shorting opportunity for a short term play.

good luck

update: and so I forgot to take in account the big news today, lower than expected job loss but higher unemployment. to me I think this is a initial strength follow by weakness since the unemployment continues to trend higher, and now the talk is the GM chapter 11 will add to the loss down the road. gold is collasping after trying to break out the down trend line at around 980 and now at 969. watch below if 960 does not hold.

http://i278.photobucket.com/albums/kk118/genmaster/dollard.jpg

[Dinan]

what are your thoughts on NG ?

[SilverRex]

^

well its too bad I ran out of patient when NG first dip below 6, but it was merely a short play, for longer term i'm still holding my gut feel that I want to see 3 or below NG before getting in

edit: another technical importance, euro/usd finally broken down below 1.4100 while it rally off here yesterday, it has truely broken down. and this is a massive H&S break down of the neckline that will lead it to 3900 easily. That means the US dollar index should get back to 80 or even above, that means silver = collasp = gold is sell on rallies and oil should drop. already put in a 1 hour reversal hammer on the 1 hour chart. Welcome to the new trend boys

[Dinan]

i'm not sure what to do, i think holding them now till November is kinda too soon...i got in at 5.66....

[997TT]

Ok, i'm probably making a ret@rted move but i've just bought HEB.

in at $4.38 ... i'm probably going to regret this.

[bigbadboss101]

Originally posted by 997TT
Ok, i'm probably making a ret@rted move but i've just bought HEB.

in at $4.38 ... i'm probably going to regret this.

Hope for the best. Now that's ballz :D

[997TT]

OUt of HEB now ... $4.21

wow that was fun. :banghead:

[troyl]

Originally posted by in*10*se
in at HEB @ .75 out of HEB at 2.43 and gone from long HEB to shorting it.

pick your coin flip... HEB will either go up w/ FDA approval or fall flat again.

I have a 75% feeling in favor of rejection by FDA... just my 2 cents. but if you really think long.... then all the best :) cause we're betting against each other

Yikes, hope you covered your short position.

[Dinan]

Originally posted by Euro_Trash

You thinking of picking some up tomorrow?


i'm not sure i had it at .95 and 1.17 and i sold early ,.... ahhhhh :(

[troyl]

Sold all my physical gold yesterday, thanks for all the charts SR. Need somewhere to put my cash now. I was thinking about sticking some in CLL anyone holding?

[997TT]

glad i got the fk out of HEB
down to $3.93 and dropping like a brick.

now, i just need to get the thought out of my head about picking some up at these levels... lol

[Euro_Trash]

Originally posted by troyl
Sold all my physical gold yesterday, thanks for all the charts SR. Need somewhere to put my cash now. I was thinking about sticking some in CLL anyone holding?

They just bought back shares so that should be a sign of good things to come

[997TT]

HEB ... WTF is going on other than i cursed it by buying it

$2.48

every time i look at my streamer its down $0.20

[Euro_Trash]

Originally posted by 997TT
HEB ... WTF is going on other than i cursed it by buying it

$2.48

every time i look at my streamer its down $0.20

LOL going to get back into it?

[Dinan]

Originally posted by 997TT
glad i got the fk out of HEB
down to $3.93 and dropping like a brick.

now, i just need to get the thought out of my head about picking some up at these levels... lol

just tanked... hope you din't buy, maybe now... lol.. i think i'll pass....

[civic_rida]

Wow oil is so strong cant hold that thing down.

[997TT]

No, i didn't buy. Watched it bounce off $2.16 and wonder how many stop losses got triggered in its fall.

however, now back to $3.12. Stock is not for the faint of heart

[Dinan]

yeah thats too much for me,,,, can't handle that lol.. HNU is driving me crazy too but i try not to look at it lol

[Euro_Trash]

Originally posted by 997TT
No, i didn't buy. Watched it bounce off $2.16 and wonder how many stop losses got triggered in its fall.

however, now back to $3.12. Stock is not for the faint of heart

Haha yeah, its fun to watch though!

[Red@8]

Originally posted by Dinan
yeah thats too much for me,,,, can't handle that lol.. HNU is driving me crazy too but i try not to look at it lol

I am going crazy with HNU as well - I got stopped out of it this morning.

[yoda124]

read and watch the clip why the market continues to go higher:

http://finance.yahoo.com/techticker/article/259019/Performance-Anxiety:-Big-Money-Now-Praying-for-a-Pullback

funds will continue to buy on any pullback.

[997TT]

Up for worst investor of the decade .... look no further than me.

In HEB $3.30

i'm eyeing some purchases so my risk tolerance is pretty much infinity ... lol

[bigbadboss101]

HNU interday range is pretty high. Has been dropping start of day and the rallying later on. Interesting play.

UUU up quite nicely today.

[Dinan]

hahhaha, you just can't stay about from HEB ehh, lol......


what are your guys thoughts on hold HNU and riding out the ups and downs till november ?? worth it? can we see this at 20$+

[KRZY403]

Originally posted by 997TT
Up for worst investor of the decade .... look no further than me.

In HEB $3.30

i'm eyeing some purchases so my risk tolerance is pretty much infinity ... lol


o no worst investor goes to me. bought hod at 12.05 then sold about an hour later at 12.06

[997TT]

^ almost break even less Commissions.

Dude, what i'd give to be break even.

[Euro_Trash]

Yeah I am seeing a lot of red right now haha

[max_boost]

HEB is ridiculous, can't handle it so staying away from it.

UUU finally it's moving up, my cost is still $3. I hope they get their shit figured out.

[Nova316]

HEB i sold off some of my shares to get back my principle and 25%, i bought in at 1.39 sold at 4.39

So im playing with free shares, im not to worried now.

UUU my break even point is at 2.77 I feel your pain max_boost haha. Tho there fundamentals are still very well, they've just had a rocky few months.

[davidI]

^ UUU fundamentals are only good if they don't get kicked out of Kazakhstan!

[skandalouz_08]

Originally posted by Dinan
hahhaha, you just can't stay about from HEB ehh, lol......


what are your guys thoughts on hold HNU and riding out the ups and downs till november ?? worth it? can we see this at 20$+

Depends how comfortable you are with HNU, I think you have more opportunity to trade it in the shortterm even taking commissions into effect. $1 swing in prices in the last 24 hours that I've been watching, just waiting for it to drop again so I can get back in.

[Proyecto2000]

any one holding or watching Opti?
I see that trade volume has been down huge the last few days.