Official Short-term Investments Thread

[/////AMG]

Aww crap lol. I forgot to buy in when they were like 0.32 a few days ago, or I think it was last week. Boourns!
I'll have to wait and see what happens.

[benyl]

nice, Rol.a is climbing again.

[moeman]

Can't wait for NRN to get to Germany and start promoting itself. Glad I picked up some PLE as well, but Falcon's up another $0.78 this morning too so it's all good :D .

Thanks to all who have posted some helpful info of late. I hope to be able to add some of my own soon.

[Shaolin]

GL and NRN is still good even though they've gone up a ton since I mentioned it. Also check out PBX as well, I don't know too much about it so do your own research.

[Mckenzie]

Any ideas on rol-a's climb today?

I'm looking to get out of this one for ASX right now as they are commencing their diamond drilling now and should have results out by June.

Alberta Star Development

[djayz]

tet.un got owned today :banghead:

89coupe how come you didnt give us the tip on NUS?... :(
hah ohh well hopefully you made some good money to share with the rest of us hah

anybody know whats going on with spx...need to get my money of out it but its just doing so horrible

[89coupe]

If you have the money get in on TET.UN

Its an excellent buying opportunity. Way way undervalued.

Analysts are smoking crack, trust me.

[roopi]

Originally posted by 89coupe
If you have the money get in on TET.UN

Its an excellent buying opportunity. Way way undervalued.

Analysts are smoking crack, trust me.

I've been watching this one for a while but I always get scared off from trusts that pay more than they earn. It just doesn't make sense to me. EPS is $1.09 yet they pay out $3.00/year. Can someone explain this to me if I'm missing something.

[89coupe]

Originally posted by roopi


I've been watching this one for a while but I always get scared off from trusts that pay more than they earn. It just doesn't make sense to me. EPS is $1.09 yet they pay out $3.00/year. Can someone explain this to me if I'm missing something.

Thats what i'm getting at, the analysts are wrong. That is not true at all. I will get the exact numbers for you but the gyst of it is they are not taking into account hedged prices. The company is making around 450million per year.

[Altezza]

Roopi, you are correct, this company pays out more than it earns thru operations. The Q1 payout ratio is 102% and is stated right in the financials. The BoD admits this may not be sustainable and that a distribution cut will be considered during their next meeting.

[89coupe]

Originally posted by Altezza
Roopi, you are correct, this company pays out more than it earns thru operations. The Q1 payout ratio is 102% and is stated right in the financials. The BoD admits this may not be sustainable and that a distribution cut will be considered during their next meeting.

No it doesn't...LOL...and no they will not cut the distribution.

[djayz]

They arent going to cut distributions thats for sure but considering that they arent making enough to pay out distributions means people are weary of buying into the stock causing the stock price to decline

the dividend will remain at 25 cents for years to come but the stock price is another issue...unless the hurrican season bring back gas prices of $10+

im gonna buy some more of it tho 14% return for me is great :thumbsup:

[89coupe]

Originally posted by djayz
They arent going to cut distributions thats for sure but considering that they arent making enough to pay out distributions means people are weary of buying into the stock causing the stock price to decline

the dividend will remain at 25 cents for years to come but the stock price is another issue...unless the hurrican season bring back gas prices of $10+

im gonna buy some more of it tho 14% return for me is great :thumbsup:

Uhhh...they are making more then enough to pay out at the current price.:banghead:

[Altezza]

Originally posted by 89coupe


No it doesn't...LOL...and no they will not cut the distribution.



Originally posted by 89coupe


Uhhh...they are making more then enough to pay out at the current price.:banghead:

Payout ratio was 102% in Q1 as clearly stated in the financials. By definition, they paid out more than they made based on the operational funds value used by mgmt. If you want to be really picky and do a ratio based on net earnings, you're running 113%. By whichever definition, TET.un was paying out more than they earned net during Q1.

I will concede that you may be privy to information that suggests current earnings (or funds from operations) is in excess of distributions. However, for Q1 of FY06, it is very clear that distributed cash exceeded funds from operations and net earnings.


Trilogy Energy Trust Financial and Operating Results for the Quarter Ended March 31, 2006

Distribution payout percentage 102%

...

Trilogy's current payout ratio may be unsustainable and will be reviewed by the Board of Directors at its next meeting

[harley11]

Anyone watching or have invested in hudbay?..."HBM"

[djayz]

^
yes ive mentioned it several times...did you get in on some moola already harley11 or just jumping in right now?

i pretty much add to my position everyday haha my whole portfolio is going to consist of hudbay in a couple weeks hah

[Stratus_Power]

PLE is definitly on the move again, interesting

[natejj]

Just sold my PLE at .50, which i bought at .32

I am hoping it will drop again and i can repeat.

[Z_Fan]

I hope you kept some of it.

I just have a feeling it's gonna go up and up... ;)

I was gonna dump 20000 shares today, but changed my mind. I'm gonna hang on to all of my shares, cross my fingers, and think of the shiny new shit I'll be able to buy. Dream dream dream. :D

When I say "Plasma", you say "How Big!?"

Dream dream dream...

[harley11]

Originally posted by djayz
^
yes ive mentioned it several times...did you get in on some moola already harley11 or just jumping in right now?

i pretty much add to my position everyday haha my whole portfolio is going to consist of hudbay in a couple weeks hah

Bought HBM at $2.50 its at $15.00 +++ today

[benyl]

wow, talk about hitting the jackpot. Good on ya.

So, anyone have any long term hold picks that are cheap right now and will be big later?

PLE is so volatile...

[Fcuk]

^^
i'm looking for a new stock to get into also..

Currently have 10,000 in IDWD ... Waiting on HLS/DIVY/IPO..
BIG PAYOUT =) hopefully... :thumbsup:

[Z_Fan]

Let's hope the next news release for PLE will drive the price way up. I'd be happy if it arrived into the sixties in the next two weeks. That'd be nice. :D

It just better not drop like a stone or I'll be gagged.

[djayz]

ple is building up steam again...hopefully some good news who knows

benyl i have a long term pick thats a penny stock right now but im expecting big things.
its a uranium stock called purepoint...mentioned it several times...i owe moeman some information on it still so i can send it your way as well when i get a chance...but check it out...on the cheap side right now if you can live through the ups and downs right now i think in a year or two youll be laughing.

[Shaolin]

Pm me with info on purepoint as well please

[natejj]

Originally posted by Z_Fan
I hope you kept some of it.

I just have a feeling it's gonna go up and up... ;)

I was gonna dump 20000 shares today, but changed my mind. I'm gonna hang on to all of my shares, cross my fingers, and think of the shiny new shit I'll be able to buy. Dream dream dream. :D

When I say "Plasma", you say "How Big!?"

Dream dream dream...

I will buy in again if it goes back to .40, which i see happening.

[Z_Fan]

Good plan. I did that once with PLE already too. LOL. So, I can't blame you!! Always a good plan if you can sneak one of those in...

[djayz]

im hanging onto the 10k of ple i own...if it goes up i know ill be kicking myself if i sell it now.
if it goes down ill think of it as a correction for the next leg up.

another thing to notice is how great of a day it had considering how the rest of the market did.

[Z_Fan]

Originally posted by natejj


I will buy in again if it goes back to .40, which i see happening.

It looks like it will be there any minute!

So, best get ready to buy!

[benyl]

Originally posted by djayz
ple is building up steam again...hopefully some good news who knows

benyl i have a long term pick thats a penny stock right now but im expecting big things.
its a uranium stock called purepoint...mentioned it several times...i owe moeman some information on it still so i can send it your way as well when i get a chance...but check it out...on the cheap side right now if you can live through the ups and downs right now i think in a year or two youll be laughing.

I hold purepoint already. I only have a couple thousand shares... I have Denison mines as well. The Price of PTU is back to where I bought, I will probably buy some more.

[benyl]

Originally posted by Z_Fan


It looks like it will be there any minute!

So, best get ready to buy!

Dammit, I have to average down. I bought some at 46 yesterday. haha, gambling at it's best.

[djayz]

yah just when i run out of money purepoint decides to dip down
thats the only thing i needed to complete for my long term holdings and ive got -3.88 for balance
damn it!

stupid uts whats the deal is anybody gonna buy this thing out or is it just gonna sit on $7 like a fat chicken and hope they get to drill some oil.

im pissed...all the stocks i put good money into have given me all negative returns and everything i put money into thinking id sell off the next day has given me great medium term returns

uts is a downer :(:guns:
cant even sell cuz its lower than what i got it for arghhh

[benyl]

UTS has Useless Tit Syndrome. They don't really do anything but hold the land rights for a big part of the oils sands.

Teck Cominco will do the blasting and the mining. Petro Canada will do the extraction and refining. UTS just collects money.

[djayz]

^
totally true
but the stock price should atleast reflect some of the money collected

i say turn it into a trust and pay us dividends! hah

[sputnik]

Originally posted by Altezza
Roopi, you are correct, this company pays out more than it earns thru operations. The Q1 payout ratio is 102% and is stated right in the financials. The BoD admits this may not be sustainable and that a distribution cut will be considered during their next meeting.

While this might be true. They seem to be pretty confident in their report.


http://trilogyenergy.com/client/news/77/78/q1_2006_financial_operating_results.pdf

Outlook

The winter of 2005/2006 was one of the warmest on record which reduced natural gas demand in North America. This
reduced natural gas demand has resulted in very high gas storage levels and downward pressure on natural gas pricing.
During the first quarter of 2006, the realized natural gas price decreased 24 percent and prices are not anticipated to return to
previous levels until at least November 2006. In light of this reduced gas price environment, Trilogy’s current payout ratio
may be unsustainable and will be reviewed by the Board of Directors at its next meeting.

We expect that our average daily production for the balance of the year, including the Redsky assets, will be approximately
27,000 Boe/d and the large prospect inventory of Trilogy and Redsky will provide for the replacement of production declines
and produced reserves. Successful production replacement, prudent asset management, strong commodity prices and
continued control of operations will help support our distribution. Acquisitions will continue to be evaluated for their
strategic fit with Trilogy’s business model and will be pursued when they are accretive to Unitholders. We are confident in
our strategy, our high quality assets and the proven expertise of our employees; Trilogy will continue to be a rewarding
investment for our Unitholders.

[sputnik]

What do you guys think about the Canadian Oil Sands Trust (COS.UN) split? 5 to 1!

:eek:



Trust News Releases

Canadian Oil Sands’ Unitholders approve 5:1 Unit split

Calgary, April 26, 2006 (TSX – COS.UN) — Canadian Oil Sands Trust (the “Trust” or “Canadian Oil Sands”) announced that Unitholders of the Trust yesterday approved the five-for-one Unit split. Unitholders of record on May 3, 2006 will receive four additional Units for each Unit held on that date. Pursuant to the rules of the Toronto Stock Exchange, Units will commence trading on a post-split basis on May 1, 2006.

Unitholders of record on May 8, 2006 are entitled to a distribution of $0.30 per Unit, payable on May 31, 2006, based on the five-for-one Unit split. This distribution amount is equivalent to $1.50 per Unit on a pre-split basis. Canadian Oil Sands’ Board of Directors yesterday approved an increase in the quarterly distribution from its previous level of $1.00 per Unit pre-split.

Further information on the Unit split is available on our website at www.cos-trust.com under FAQs, or in the Trust’s Management Proxy Circular dated March 10, 2006.

Canadian Oil Sands Trust is an open-ended investment trust that generates income from its indirect 35.49 per cent working interest in the Syncrude Joint Venture. As at April 25, 2006, the Trust had approximately 92.8 million units outstanding, which trade on the Toronto Stock Exchange under the symbol COS.UN. The Trust is managed by Canadian Oil Sands Limited.

[natejj]

Heres a question for ya guys. Lets say i have 1500 in my bank account. yesterday i sold 1500 worth of stock, and told them to put that money into my bank account. So right now i have 1500 in my bank, and 1500 in transition.

If i bought 3k worth of stock, and told them to take the money from my bank account, would i get in trouble, due to the money not being there? I know they dont actually take the money out for a few days, but what if the 1500 going into my bank account doesnt get there before the order goes through?

LOL if you understand, can you help?

[Z_Fan]

Originally posted by natejj
Heres a question for ya guys. Lets say i have 1500 in my bank account. yesterday i sold 1500 worth of stock, and told them to put that money into my bank account. So right now i have 1500 in my bank, and 1500 in transition.

If i bought 3k worth of stock, and told them to take the money from my bank account, would i get in trouble, due to the money not being there? I know they dont actually take the money out for a few days, but what if the 1500 going into my bank account doesnt get there before the order goes through?

LOL if you understand, can you help?

I understand.

And no, you wouldn't get in trouble. I have done that before. Since the "sell" money will be in your account one day before the "buy" money exits it. Even in instances where this can happen on the very same day, the "sell" money is always deposited into my account before the "buy" money exits. (Though it is at the very same time, I think they do this to prevent overdrawing accounts...)

I have stopped doing this though. I just use the cash account for the trading and don't get my "bank" account involved. It's just too much crap to track.

I have done this a lot...and it always seems to be just fine. As long as you will have enough to cover the "buy" on the day it is to be processed.

[djayz]

my cash trading account is always in the negative for cash balance
as long as i fill the negative balance within a week or so they dont care...when it goes over a week they send a letter saying they will sell my securities to cover the cost by a certain date if i havent done so already.

[harley11]

Who is brokers on here??????????

[harley11]

Originally posted by 89coupe
Talisman is splitting 3:1

Maybe a good time to buy before they do the split.

you have reason to think this??????? Am i missing something

Talisman Energy??????

[Shaolin]

http://biz.yahoo.com/ap/060301/talisman_split.html?.v=2

[turab16]

for great tips !!! goto www.canadianbusiness.com and visit forums section.

i haven't suffered any loss yet.......:burnout:

[djayz]

holy smokes...ive never seen anything like it
TSX down 2% in one day gold down $25 oil down 2+ dollars
this is insane
could this be the end of the peak of the tsx? or is it just a bad day.

Seriously i think we have pretty much reached out limits...golds going to be a good long term investment but for the next little while i dont think we are going to see major upward movement like we have been. The tsx just broke down today going under 12000 is huge.

i just sold off my impact silver stocks took home a whooping $42 but by looking at the chart i shouldve sold way earlier i just kept thinking it would start on its way up unfortunately didnt.

PLE getting creamed...knew i shouldve sold when it was at 49 again

PTU...glad i didnt buy in yet its only getting better and better :D

[roopi]

Everything is getting hit hard today. I'm buying today. Some good deals. :thumbsup:

[Si_FlyGuy]

EXN down to 0.80 at one point today...wow.

[/////AMG]

Wow!

[Shaolin]

yeah, my portfolio went down the shitter today too.. down an overall average of just under 9%.. cripes.. still way ahead.. but I don't like to see it hover around a 10% loss in one !@#% day.

[4DoorGTZ]

^Thanks, made me feel better. I was down 7% today.

[djayz]

^
thats all?
haha i think im down like 30%...damn this is horrible

[Z_Fan]

Patience. :devil:

[Shaolin]

yea it's all about patience.. as long as you're stock isn't a pump and go.. nobody should be worried if they know what they're getting themselves into :D

[benyl]

I don't know what the big fuss is about. Stock tanked harder in October. I wouldn't be surprised if we see further losses.

[roopi]

Wow I can't believe you're guys portfolios dropped 7-10% today. That's nuts. Mine was down about 0.5%. :) Diversification is what helped me out today. I had about 50% in cash before today as well just because everything was getting pretty high so I wanted to take some profits and wait for a correction.

[93mr2gt]

Originally posted by Si_FlyGuy
EXN down to 0.80 at one point today...wow.

good thing i sold mine about 1/2 month ago

[harley11]

Anyone watch OYM??? Im watching alittle....kinda interesting stock

[djayz]

turns out im down 48% now that i checked the updated figures
thats harsh but i guess thats what you get when 99% of your portfolio is energy and precious metals
haha

damn silver wheaton!!!...was gonna sell 2 days ago but i thought id wait and no down 20% in one day :(

the way i see it...this is the huge correction if we dont see a huge upside on stocks today everything is gonna go downhill for a while or just flatline.

[sputnik]

Originally posted by Shaolin
yeah, my portfolio went down the shitter today too.. down an overall average of just under 9%.. cripes.. still way ahead.. but I don't like to see it hover around a 10% loss in one !@#% day.

Sounds like a perfect time to start buying stock.

[Shaolin]

I'm diversified in my long term portfolio.. this is just short term (Disposal income that I'm gambling with), so like djayz, i have almost 90% of my short term portfolio in precious metals :rofl:

I'll be able to diversify more once I build this portfolio up.. I've only had this portfolio for 4 months.

No biggie though, it should bounce back in the upcoming weeks.. :thumbsup:

[Shaolin]

Originally posted by sputnik


Sounds like a perfect time to start buying stock.

yeah you're right in a sense.. it's too bad I don't have much disposable income right now because I just paid for a summer vacation :rofl:

[Si_FlyGuy]

Originally posted by djayz
turns out im down 48% now that i checked the updated figures
thats harsh but i guess thats what you get when 99% of your portfolio is energy and precious metals
haha

damn silver wheaton!!!...was gonna sell 2 days ago but i thought id wait and no down 20% in one day :(

the way i see it...this is the huge correction if we dont see a huge upside on stocks today everything is gonna go downhill for a while or just flatline.

Looks like you'll be getting some of that back today. :thumbsup:

[djayz]

^
haha unfortunatly i only made like 8% of that back today :(
most of my stocks got hit so hard yesterday its gonna take a while to come back.

anybody still holding spx?
im thinking of just selling and taking the huge loss but its better than losing it all.

[benyl]

yeah, I have a lot of SPX

[Shaolin]

I never went into spx because I missed the train. I recovered 4% today. Better than nothing.

[Z_Fan]

I think now is a good time to get into SPX...

People think it is going to continue to drop? I was gonna buy 20000 shares tomorrow if the price is down that low still. Thoughts? :confused: :dunno:

[benyl]

haha, do it. That way I can sell my 20,000

I might buy another 20,000 to average down. Then it doesn't have to climb as high for me to get out without losing.

[Z_Fan]

Put in a sell for .15 and I'll buy them. :D

[djayz]

haha im so thinking about buying more
but last time i didnt that i averaged down 2 cents and it just dropped after that
its tying up so much of my money that i need damn it!
why could it just do what ple did and go up for once i dont care if i make a dollar on it haha.

i need more money for PTU!!! damn spx

[djayz]

ohh yah those looking at PTU as an investment also check out REV(regent ventures)althought its gold and not uranium it looks good. i just purchased a bunch of those shares couple days ago...its down right now which is a good buy

they have a location the same as PTU which is Red willow
rev seems like they have things going very well for them so far with good news coming up sometime soon.

and to moeman and whoever else wanted info on purepoint from me...sorry i havent gotten around to it...but check out their site www.purepoint.ca
i didnt notice how much information they had on it and its mostly all the research ive done anyways.

[benyl]

I would have liked to have bought REV when they were $0.03 in November of last year... haha

[canadian_hustla]

ouch rough day for stocks

what are people's opinions of the metals market right now? Specifically silver, copper etc?

my portfolio is steadily decreasing :(

[djayz]

mines sharply decreasing
there is definately nothing you can buy right now

this is harsh i think this is the big correction everyone has been expecting it came very suddenly

i thought yesterday was the turnaround day and things would go okay today since the tsx comp only dropped 2 points but its down huge again today.

im pretty much screwed...just even on most of my holdings and stuck in the hole on some bad investments like spx:thumbsdow

[benyl]

I bought another 20,000 SPX today at $0.16 I just need it to hit $0.25 and I am out!

[Si_FlyGuy]

Originally posted by djayz

i thought yesterday was the turnaround day and things would go okay today since the tsx comp only dropped 2 points but its down huge again today.


Same here....another few points and I'm jumping off my 1st floor balcony.

[BigMass]

i lived through trading during the crash of 2000. For 1 week while the markets went down daily people kept saying what a good buy stock are now because of the downturn. Some people never learn.

If you weren't trading during the last market crash, i'd advise everyone to be careful. Especially on dollar cost averaging which is something i stopped subscribing to once i had a better understanding of the market and market influences.

[Rav4Guy]

Originally posted by djayz
mines sharply decreasing
there is definately nothing you can buy right now

this is harsh i think this is the big correction everyone has been expecting it came very suddenly

i thought yesterday was the turnaround day and things would go okay today since the tsx comp only dropped 2 points but its down huge again today.

im pretty much screwed...just even on most of my holdings and stuck in the hole on some bad investments like spx:thumbsdow

huge volume and fairly flat because everyone wants to get out of their positions and lock in their gains.. whereas people were trying to average down.

It'll be like this for a bit longer. tsx dropped 188 points today.

[Z_Fan]

Originally posted by benyl
I bought another 20,000 SPX today at $0.16 I just need it to hit $0.25 and I am out!

I put in a buy for 20,000 SPX today as well, but I wanted $0.15 limit so I never got them. Oh well. :rolleyes: But I did notice some people got in at $0.15. Just not me.

[Shaolin]

weird.. I gained an overall 4% today.. but my 2 major holdings have been at a standstill for the past week.. down a couple % up a couple %, so technically I haven't made a dam thing for the past week and a half..

you guys think SPX is going to move up? I feel like I missed the train earlier this year, and I'm really skeptical about playing it and seeing it go over 20 cents..

[djayz]

yah im scared of putting more money into spx
the news they releases drives the stock price up but not enough and it doesnt make it far enough to sell ever

its decreasing everyday even when the markets are going well.

im gonna sell most of my stock...hang on to my funds for the long run and wait until all these people figure out if they are going to sell or buy stocks.

might throw some money into some tech stocks or financials in a little bit since they are getting beat down pretty hard.

[djayz]

holy shit trimmed another 50% off my gains today.

if today is half as bad as yesterday im going to be in the negative!

[Rav4Guy]

keyword: cash. sit back and watch the ride.

[natejj]

Just bought into OCL.

This stick is a lot lower then it should be.... i've watched it dance between 45 cents and 60 cents for the last month, and i just bought it at 39 cents.

[canadian_hustla]

once this market corrects itself, Eurozinc is a promising stock that I would recommend. Just not now :)

EZM.TO

[Z_Fan]

PLE tanked over the last week. Worse than I thought.

Oh well. :rolleyes:

I just hope it rebounds sometime soon...if it goes much lower, I'm gonna have to load up even more on it.

[/////AMG]

I'm not sure if I should PLE... its at 0.37

what did everyone buy in at??

[RX_EVOLV]

I like where PLE is going and will probably hold on to it for a bit longer, at least until they release the results for the remaining samples. Its just tanking along with the market anyway, Im sure eventually it will go back up to high 40s so I'm just going to sit back and let the storm past

[Z_Fan]

^ That's my plan too. Though I should have sold it and bought back in today. Like natejj may have done. ;)

[RX_EVOLV]

could've, should've, would've. You would be a millionaire by now (well maybe you are) if you can always buy low sel high right at the peak.

Patience is the key

[Z_Fan]

I know I know...patience. :devil:

If you look at the history of PLE news releases, they have always issued a minimum of one NR every single month for the last year. Since there has not been one in May, I presume that there will be one very soon. And when that happens, it will be results from more trenches, presumably their best ones. Hopefully this will drive the price back up to high forties in a big hurry, like before May is over. So, inside two weeks.

That's why I think buying PLE now, or perhaps tomorrow is a good plan. It's cheap, and it's gonna go back up with that next news release. {I hope}

[Si_FlyGuy]

NR might not have much of an effect during times like these. Look at ECU today. Damn...I could've bought a Ford Tempo of Doom with today's losses.:rofl:

[Z_Fan]

I'm just being optimistic. :)

Cuz, well, I'm sick of missing the boat and so forth, so I'm holding on to my stocks, and hoping to hitch a wild ride with one of my picks. ;)

[djayz]

yah im hanging onto ple until the next news releases...thing are looking good for the results.

spx on the other hand down and down and down

im officially in the negative today and ive already took all the profits i can take.
truly this sucks...gonna have to wait so many months before being able to sell just to make a couple bucks.

[benyl]

patience is the key. I am going to hang on until September. It should be peak then before the usual sell off in October.

[natejj]

I would deffinately buy more PLE right now, but i just spent all my cash on other investments (OCL).

I cant see it dropping below .30, nor can i see OCL. Both are solid investments.

[Rav4Guy]

there is no "usual" market sell/buy time now as the markets are really unsteady and quite volatile. How long is this going to last? no one knows for sure but people sure can GUESS.

[djayz]

i see a turnaround coming with precious metals
i cant say the same for oil but once hurricane season starts oil/gas will see some strength

[Toma]

Originally posted by Rav4Guy
there is no "usual" market sell/buy time now as the markets are really unsteady and quite volatile. How long is this going to last? no one knows for sure but people sure can GUESS.
sure there is.,... I sold most my positions in anticipation of the famous May Sell-Off.... didn't everyone? ;)

The only thing I kept were the call options trading the volaitility index.... makes you a forturne when the markets tank like this and/or are very volatile....

[Rav4Guy]

^ the main reason was to lock in the profits. technically every month is a buy/sell month.


remember... in ANY type of market situation.. an investor can make money.

[Toma]

Originally posted by Rav4Guy
^ the main reason was to lock in the profits. technically every month is a buy/sell month.


remember... in ANY type of market situation.. an investor can make money.
Uhm, no. stocks/markets are probability. The "Sell In May and Go away" is famous. Does not mean it HAS to happen, probability is in the favour that it will happen (and did).

It was also first quarter earning season, and stock are competing with oil/precious metals. Psychologically, earnings have trumped oil prices, so psycholigically the markets rose.... but without BIG results, the hype fades, and it was predictable.

Bond and treasury yields are up, mainly due to a slumping US $$, so moeny is pulled out of stocks, and set into high yield (5%+ treasuries etc).

You only have to be right in stock 30% of the time, as long as you know how to cut your losses short, and let the profits ride... its all in the money mangement.

[troyl]

Anyone following SGX.V looks like a good entry point. DD needed.