Official Short-term Investments Thread

[Dinan]

did u guys atleast buy under $2

[Nova316]

I sold HEB a week ago 1/2 my shares at 4.10 and other half at my stop loss 2.50

[Euro_Trash]

Originally posted by Dinan
did u guys atleast buy under $2

Sadly no. I bought a couple weeks back, and can't convince myself to buy any more

[Red@8]

I got out of HGU a bit earlier @ $11.02

[in*10*se]

shorted heb.... gots scared when it was @ 4.00 though.... now i'm laughing... :)

[Dinan]

well i'm still holding HGU..... SR is bang on!!!

[997TT]

HGU 11.09

if this sucker really is going to $12 - $12.5 i'm gonna need to get back in.

Hui over 331 ... testing 332

[Vanish3d]

Im still holding HGU. Im gonna put a sell order for 12.5 for the week and stop watching it.

where do you watch live HUI prcies?

[Nova316]

If you have real time
Look up
.Hui
Or .Hui on google
I just have .Hui on my watchlist

[skandalouz_08]

Went for lunch and set my sell price at $11.05 so I'm out, but going to keep watching and see if I should get back in.

[997TT]

I hate rebuying a stock for a higher price than i sold at (did it several times with TCK) but is anybody thinking of rebuying HGU at 11.10

[Red@8]

Originally posted by 997TT
I hate rebuying a stock for a higher price than i sold at (did it several times with TCK) but is anybody thinking of rebuying HGU at 11.10

I'm with you on that one. Keeping my eye on HGU right now as well.

[Dinan]

if it goes to 12, that would be GREAT!

[997TT]

given no word from SR on him selling his position, i've re-entered HGU at $11.

so lost $0.02 and $14 in commish....whatever.

bring on $12:poosie:

[Dinan]

just buy few more share and you'll cover the .02 loss and the commission fees :)

[Z_Fan]

Originally posted by Euro_Trash


Yep if the ship goes down I am going down with it.

I lost a couple thousand bucks on HEB and sold it $2.2x or something. LOL.

I suppose I could buy back my shares today much cheaper.

[slick2404]

Fuck HEB. :(

I need to find a winner to make the money i lost on that back....maybe its time to look into these ETF's

[Dinan]

look into ACTC and CTIC ......

[Rat Fink]

.

[SilverRex]

sorry folks I was away, had to take rest of day off to bring my car in for a quick fix.

im glad hgu went up as it should. however as to how much higher it will go obviously no one knows. If the stock market is indeed in a funk and downtrend it goes, then holding hgu long term may not be such a great idea.

but that is not to say we couldnt set our eyes on our nearest target. which is the 38% retracement at around 350 for the hui. so that is another 20 pts or so to go whch puts hgu at around 12.43.

My recommendation is to sell half, and use the other half move your gains to zero and attack 350 hui. After that it gets messy. and unless the US dollar index breaks below 79.19, then we are very much in a down trend for gold and equities.

now oil so far is playing out text book. after finding support at around 67, it started a pull back to its own retracement levels. it got as far as the 50% at around 69.60, clearly it has been rejected and would have been a good place to open a short however I'll wait for 70+ with stops above 73. why stop at 73? because if oil has topped out, it should not break 73 and if it does, you will have to change to short to buying as it means oil has one more leg higher.

[slick2404]

Originally posted by Dinan
look into ACTC and CTIC ......

Thanks, I'll keep an eye on these!

[SilverRex]

well yesterday was more or less positive but you can tell the market didnt rally as much as I would hope. And that is a concern. Even when the euro rallied 300 pts and the US dollar dipped quite alot, gold only managed to muster about 10ish dollar on the upside which is yet a concern.

looking at the charts. while there seems to be alittle reverse head and shoulder pattern on the 1 hour chart, the break above 923 would target at least 933 which happens to be the 200 EMA. will we at least get there? I hope. for the sake of us all who is holding HGU. ,

the red line is potential negative divergence which means price is getting exhusted, as I write this it has punched thru 933 and touched 941 I believe. 943 will be the heaviest resistance. No matter we just all want to cash in, look for today to start taking profit off the table.



http://i278.photobucket.com/albums/kk118/genmaster/gold062409.jpg

and for oil, while it would be a very good spot to short gold at 70+, however there is a chance that the 69.5 price it hit yesterday may have been the top, it also was the 200EMA so it was twice the resistance, if the general feeling is we are still very much in a down leg then I view any rally in oil is a shorting opportunity at this juncture.

http://i278.photobucket.com/albums/kk118/genmaster/oil062409.jpg

[997TT]

Gold just south of $938

profit taking day it is. SR thanks again.

lets see another 7%+ day from TCK and what started to be a crappy Monday might actually turn out great.

Futures way up from durable goods news. Fantastic!!!

[KRZY403]

any thoughts on NG?

[Dinan]

yeah, lucky i got out HNU yesterday!


thanks SR.....



is it a good buy now SR?

[Dinan]

whats up with OPC.... it's not trading... :confused:

[997TT]

OPTI deal speaks to cautious market
Andrew Willis


Tuesday, June 23, 2009
OPTI Canada is trying to sell $150-million of shares overnight Tuesday
in an underwriting that speaks to the market’s new, cautious mood.


The bull market that played out from March until recent weeks saw a
series of companies, including a number of oil and gas plays, raise
money in quick, clean bought deal financings.


Now investors are trying to come to grips with economic uncertainty,
and volatile energy prices. That translates into a low-risk approach
to underwriting. Rather than a bought deal, which see a brokerage
house buy equity and shoulder the risk of selling stock, OPTI Canada
opted for a marketed deal, which will see investors pitched its story
overnight, and a price for the offering set early Wednesday.


OPTI Canada needs money to develop its Long Lake oil sands project,
and to pay down debt. A portion of this share sale may be used to
knock back what’s owed on a $350-million revolving credit facility.


TD Securities, Credit Suisse and RBC Dominion Securities are leading
the OPTI Canada share sale.

[SilverRex]

Originally posted by Dinan
yeah, lucky i got out HNU yesterday!


thanks SR.....



is it a good buy now SR?

well NG is tough to play especially when the market is in a retreat mode.

however number wise the 5.88 50 day moving average should offer some kind of support. and so it bounced off that this morning so far, I would say you can attamp long below 6 dollars but have stops if 5.88 breaks.

again Im waiting for a much lower NG before I enter or start playing it.

[Dinan]

i'm going to give hnu a try for quick flip.....(so it drops under 5.88 after i buy, lol )


doesn't look too good for OPC...... lucky i got out

[Red@8]

Talk about getting out of HGU too early :banghead:

[Vanish3d]

Originally posted by Red@8
Talk about getting out of HGU too early :banghead:


I keep increasing my stop by 5 cents every few minutes. I have it at 11.5 now.
im HOPING to see 12 today...but who knows.

[skandalouz_08]

Originally posted by Dinan
i'm going to give hnu a try for quick flip.....(so it drops under 5.88 after i buy, lol )


doesn't look too good for OPC...... lucky i got out

Did you buy? it dropped under 5.88...

I am watching it too, not sure if I should be getting in or not, I'm kicking myself for getting out of HGU yesterday.

[Z_Fan]

I sold my HNU yesterday at $6.17 and bought half back this morning at $5.85. If it dips more, I'll buy the other half back.

[Dinan]

i got in at 5.90, just before the drop to 5.78 lol.... i'm not going to hold it too long,,.,, looking for a quick flip....


i got out of HGU at 10.99 with half my position where the resistance was like SR said, but i wasn't buy the pc to buy back in after :banghead:


sold the rest at 11.5 this morning at the open, i was busy with other stocks and didn't see it drop to buy back, oh well....

i'm satisfied :)


thanks again SR!


you guys got to listen to SR ;)

[KRZY403]

hgu at 11.71 :bigpimp: so tempted to sell right now

[Vanish3d]

i got out of HGU at 11.65. Didnt want to get greeeeedy
now need something new to play


I have been getting a lot of alerts about NXHD, tempted to throw $200 for a 1,000,000 shares in it and see what happens. Volume is at 1 Billion within the first hour

[Dinan]

Originally posted by Vanish3d
i got out of HGU at 11.65. Didnt want to get greeeeedy
now need something new to play

watch HNU,


i wouldn't hold it for long, tomorrow inventories are coming out, can't be good...

[SilverRex]

Originally posted by Vanish3d
i got out of HGU at 11.65. Didnt want to get greeeeedy
now need something new to play

here is a risk to reward short oil at 69.50 stop above 70.50 for target 65

[Proyecto2000]

I bought Opti at $3.35 a few weeks ago and holding so i hope all is well.

[Dinan]

^^^
goodluck with OPC .....



HOD is tempting..... any takers?

[997TT]

out of HGU at $11.45:banghead:

still thanks to SR...man i'm glad i rebought at $11. jsut wished i held out for $11.70

in HOD at $11.86.

In SR we trust.

TCK.B is a monster.... wwwwweeeeeee

[Red@8]

I'm looking at HOD right now as well

[Dinan]

damn!!!! TCK.B is a monster!!!

[Chandler_Racing]

In HNU.TO at 5.83.

[Rat Fink]

.

[997TT]

all you guys buying HNU ... gonna stick with SR and play HOD for now.

sold TCK.B at $18.84 for a $2.04/share profit. Thank you TCK.
now you can continue your run to $20 as per every stock i sell too soon.

[KRZY403]

hmmm wonder how much longer i should hold hgu till... its not looking so good right now

[Red@8]

I missed HOD at 69.50 oil. Gonna wait and see if oil goes up a bit again so I can get sub $12 HOD.

[SilverRex]

negative divergence to price on STOCHastic 1 hour chart oil is looking good boys

[Dinan]

WOW, HNU volume is crazy.....

[SilverRex]

Originally posted by Dinan
WOW, HNU volume is crazy.....

i think HNU or NG price is at a very important level, because if NG breakout is real then it has to hold here and rally, but the flip side is weakness below this will no doubt make people rethink NG longs.

I want 2 dollar NG come on

[Dinan]

i like the sound of 2 dollar NG or even 3.... but i hope it does a small rally from here so we can get out before the drop

[Dinan]

so SR, when you plan to go long on NG, would you rather buy GAS instead of HNU ?

[SilverRex]

Originally posted by Dinan
so SR, when you plan to go long on NG, would you rather buy GAS instead of HNU ?

if NG does get into the 2s, the idea is to buy HNU, as soon as it pops say to 4-6 dollars I will exit and turn all my money into gas.to

[max_boost]

GAS is a lot steadier than HNU. More of a long term play?

52 week range $6.40 low and $32.26 high.

52 week range $3.40 low and $11.98 high for nat gas.

:dunno:

I'm thinking of putting a significant money into GAS and letting it sit there and wait for nat gas to bounce back, thoughts? Seems like a safe move?

When will we see $10-15 nat gas again?

[Dinan]

why would you put into GAS.TO after?

NG will go even higher in the longer run ??


i thought it would be better to put into gas.to for the longer run and hnu for short trades.....

[KRZY403]

tired of watching hgu out at 11.72

[Dinan]

lets see if will get some good news from the feds at 2....

[SilverRex]

Originally posted by Dinan
why would you put into GAS.TO after?

NG will go even higher in the longer run ??


i thought it would be better to put into gas.to for the longer run and hnu for short trades.....

exactly, HNU 2x is too volatile, gas.to is more stable so I would want to capitalize on HNU when it first rallies after its more or less a trend thing and you just want to play it safe with gas.to after wards.
NG aint going to zero, but sure can surprise you by hitting even low as 1 dollar, by moving your 2x fund over to gas.to it gives you a sure win situation even if NG was to dip lower (assuming you catch the big up move)

[max_boost]

^

Lead the way SR. It's too bad there isn't a HOU equivalent without the leverage hehe

[SilverRex]

phew, looks like sentiment is strong US dollar what ever the news was about since euro is tanking and, gold and oil should drop in time

looks like US dollar index having trouble trying to get back above 8- as euro is fighting trying to break down but every dip was counter with alot of buying.

Not sure who is going to win because if the US dollar looses, of course it will sent everything back up.

but no matter I have to pick a side and so far the charts are setting up for US dollar to gain strength I'll just have to stick to my gun :nut:

[997TT]

Hey SR, did you actually buy HOD? Oil keeps chargin back.
not complaining though ..as i'm in at $69.55. so up a bit so far.

i know you posted it was a play.

HGU, what a monster run.

[SilverRex]

yes I bought some myself under 12 :)

update: US dollar is winning

[997TT]

sweet. March this puppy down to $65.

Drinks are on the house for you SR for helping everyone make money.

[DRKM]

We re going to have to SR out for sure.

But the usd is slaying at the moment.

[SilverRex]

ok yesterday while we are all impressed with Gold share's continious run higher, it isnt really any surprise since based on the hui index there wasnt really any resistance going from 330 to 350, and since gold and shares were oversold so much, there was clearly alot of buying strength lifting it higher.

looking at gold first today, it has started to make another attampt to attack yesterdays high. The same resistance overhead lies ahead at 943-945 including the down trend line. Currently I do not expect gold to be able to pass this area because if it does, it will look a bit bullish, while there is always a chance anything can happen, if things goes our way. I expect gold to hit a wall just like it did yesterday when it first touched 941.

why do I say this? well so far the euro which dropped alot against the USD yesterday as tried to rally overnight and this morning and so far it is unsucessful, and given the euro I think makes up 57% of how it reports the US dollar index, I could only assuming the strength in US dollar remains in tact and further strength should lie ahead but wont be surprise if there is some sort of retracement before it slings higher. after all its been weeks and we could still be in a range bound enviorment until it breaksouts which so far the edge has to be a breakout upwards for the dollar.

http://i278.photobucket.com/albums/kk118/genmaster/gold062509.jpg

and for oil, while technically having oil being rejected at its 200 EMA, 50% retracement and also a negative divergence to price on the STOCHastic 1 hour chart is a sell trigger signal. So far it has not dropped as much as I would like it to, even in face of a very strong US dollar, it just keeps creeping back up. No matter, the bias at this point in time still favors the dollar so I must have say any rally is viewed as shorting opportunity. It is now trading back at 69.40s, it would be an ideal situation to fall now and break lower than yesterday's low, that would quickly put a dent in the price as 3 spike will be a perfect small H&S pattern that will target but in the 66s area.

some special numbers that could be a good place to short oil is 70.60 and 71.68 (if it gets that high)

http://i278.photobucket.com/albums/kk118/genmaster/oil062509.jpg

[Dinan]

wow! look at HGU.... anyone lucky enough to be still holding :)


HNU is up .... what's a good resistance for NG??



HOD anyone???

[SilverRex]

nice hui hit 350 just now. talk about sticking to your initial target haha

[Dinan]

^^^ you got out yesterday too....


still bearish on GOLD short term?

[SilverRex]

Originally posted by Dinan
^^^ you got out yesterday too....


still bearish on GOLD short term?

i expect 943-946 area to hold.

[Dinan]

you guys holding HNU through inventory ?

[Dinan]

Originally posted by SilverRex


i expect 943-946 area to hold.

and head back down?? :)

[skandalouz_08]

Originally posted by Dinan
you guys holding HNU through inventory ?

Yeah I picked some up yesterday at 5.81 so I'll just ride it out and see where it takes me.

[skandalouz_08]

Nice bet on HGU SR, I wish I had listened and not sold early!

[Dinan]

wow, what a ride with HNU.... i tried to get out but i was too slow... couldn't cache it..... lol...

[skandalouz_08]

Originally posted by Dinan
wow, what a ride with HNU.... i tried to get out but i was too slow... couldn't cache it..... lol...

Oh I know, I thought I was pretty safe there and then it just plummetted. Oh well.

[Neil4Speed]

Any of you guys have money in PBG, its down pretty hard today, I didn't have anything in, but its strange as oil stocks are up a fair bit, especially CNQ, easy... $59! :)

[997TT]

wow HNU moves fast.

from up 5% to nada. i've been burnt so many times on HND/HNU its not funny.

[Dinan]

the inventory numbers were better then expected .... :dunno:

[Z_Fan]

I was up $.25 / share this morning so I bailed on it at $6.10. Don't know what it is at now, but I guess I'll go look and buy back in.

Biggest mistake this week, had 2000 shares of HGU at 10.58 and sold it all by 10.73. Missed out on a few thousand bucks!!! Had I just held it... :nut:

[SilverRex]

Originally posted by skandalouz_08
Nice bet on HGU SR, I wish I had listened and not sold early!

i did suggest start taking profit off the table yesterday. but yes 350 hui was suppose to be my target initially.

[Dinan]

^^^

next time we should stick to your initial target.... :D


so whats a good play today? HOD?

[civic_rida]

Oil seems to rally on the last friday of every month.

[Dinan]

i remember you saying that few days back, but it's thursday today lol.... maybe wait till tomorrow to pick HOD...

[Red@8]

Originally posted by Z_Fan

Biggest mistake this week, had 2000 shares of HGU at 10.58 and sold it all by 10.73. Missed out on a few thousand bucks!!! Had I just held it... :nut:

I feel your pain. I was in essentially the same boat, held a bit longer than you but not long enough. I suppose it would be futile to tell you that hindsight is 20/20. I know its always good to walk away with some cash instead of no cash but seeing how much was left on the table always sucks.

[Dinan]

i know,,., damn i guess will see 12.50 like SR said....

[civic_rida]

Sams post from the last friday of May.

max_boost
Beyond Bully

Location: Calgary
What I drive: Chloe
Posts/Day: 2.53
Trader Rating: (19)
User Rating: 99%

quote:

It's getting close, the day HOU and HOD par each other haha

$100 OIL. BUY HOU!



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05-29-2009 05:00 PM

[civic_rida]

Dinan
Newbie

Location: TO
What I drive:
Posts/Day: 0.00
Trader Rating: (0)
User Rating: 100%

quote:

ahhh, again sold hou tooo early



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04-24-2009 02:27 PM



last friday of april

[sputnik]

I think the "last friday of the month" has more to do with the fact that the markets are generally entering or are in the "bid week" mode to determine the monthly index price for physical crude or natural gas.

This would in turn push next month futures prices higher.

[Dinan]

wow... thats 2 months in a roll right there... should have bought HOU lol.... or buy HOD tomorrow... :) i'm going to close the HOD window so i don't get tempted :rofl:

[Dinan]

so OPC just opened under 2$ .... ouch....

[997TT]

Anybody adding to their HOD position?

i'm in at 11.86 and now its 11.48. Oil at $70.60

[RX_EVOLV]

I might be picking up some HOD, still on the fence on this one.

[Dinan]

Originally posted by RX_EVOLV
I might be picking up some HOD, still on the fence on this one.

same here... think i'll wait and see what happens tomorrow ..... but damn it's over 2$ up today, can it go more tomorrow ?

[max_boost]

My style has changed. I only have XIU right now. For every +/- 100pts on the TSX, I am +/- $1000. I can sleep well at night. I don't have to do any research whatsoever. There is nothing to speculate about. Life is much simpler now.

:rofl:

[eljefe]

yeah, I tried to force my finger away from the keyboard but ended up hitting buy buy buy- got in at 11.38

[max_boost]

Again, don't fight the force. Go UP, not DOWN.

Happy trading. :D

[Nova316]

Max_boost how many shares of XIU do you have if you dont mind me asking?

Phew sold off HOD at 11.60 for a small loss, and bought in HOU at 9.85 so hopefully that was the right move. It seems when I dont watch the markets they go my way since when I did the HOD/HOU swap HOD went to 11.80 n HOU went to 9.80 :(

[RX_EVOLV]

Originally posted by Dinan


same here... think i'll wait and see what happens tomorrow ..... but damn it's over 2$ up today, can it go more tomorrow ?

Alright picked up a small position in HOD. going to wait and see what happens tmr to see if i want to pick up the remaining position. doubt it will be a problem. Fri is usually pretty quiet anyway. Right now my wager is almost on what will happen over the weekend.

[civic_rida]

wow.
What did i miss.