Official Short-term Investments Thread

[997TT]

Same tip I received to buy says to sell.
Who am I to question. Haha

Glad you made some $$

[TheRealTimHorton]

I hope this market goes absolutely nuts. I'm long Volatility :D

[max_boost]

Originally posted by dawerks


I wager an 'atta boy and you're the bestest' that we hit 14,500 before 13,500. I think I won the last call :)

We on max? :)

haha ya sure.

No telling how high commodities will get with this Libya stuff going on. Global indexes pulling back as well, TSX in the red but holding steady. Push and pull. Volatile times. :nut:

[max_boost]

-100pts now.

:nut:

Hitting my stops now.

[997TT]

This mkt is fkd hey.
I exited cll and nko so I got a bit of cash.
But geting fkd hard on my other holdings outside silver/gold.

[natejj]

Today is BRUTAL. Do I wait for shit to recover, or take my losses and run...

[Sugarphreak]

...

[skandalouz_08]

A National Bank analyst just upgraded his outlook on RIM to hit $80, read it on Globe and Mail.

[dawerks]

I bought some GOZ (got lucky!), NA.TO, POT.TO

I really want to buy some OPC again, but only when ti's really crushed again.

[dawerks]

Originally posted by max_boost
-100pts now.

:nut:

Hitting my stops now.

What's that about selling/fear and buying/greed or some other random cliche that you quoted? The problem with cliche's is that they are a little too simplistic and impossible to really follow aren't they? :)

[997TT]

Took a $10k position in tck.b. Will add more if it continues to drop.

Bidding 6500 @ 1.57 on AAA. See if it fills today

[max_boost]

Originally posted by dawerks


What's that about selling/fear and buying/greed or some other random cliche that you quoted? The problem with cliche's is that they are a little too simplistic and impossible to really follow aren't they? :)

haha it was a quote from Warren Buffet.

Anyway, stops triggered and I think this could be the beginning of a sell off/pullback/correction etc. Gaddafi doesn't fuck around.

Dow is -200pts now.

I'm gonna wait for 12,500 now. lol

[e36bmw///]

nm

[997TT]

^ i will keep you posted. i have a few connections to that company so i'll post when i buy

gonna tail a guy who i know is on fire. picked up 20k of RM.V @0.495

my order didn't fill on AAA.... so i'll continue to watch.

[e36bmw///]

nm

[in*10*se]

if and when lybia cools down, HOD would be a smrt play.

[dawerks]

What does unrest in Libya have to do with the TSX? Oil and gold can go up, but how does it effect say, TD or NA? It's pretty ridiculous how the market moves due to this 'unrest', but I think of them as buying opportunities.

When it's raining gold, you don't hold out a thimble, you hold out a KFC bucket. (Warren Moon said, oops, I mean Warren Buffet) :)

[Zewind]

Awww man should have doulbed down yesterday

[dawerks]

Originally posted by Zewind
Awww man should have doulbed down yesterday

Everyone hopes for a 'pullback' then when it happens, they wait.

:dunno: :zzz: :poosie:

Like I said before, this is the HARDEST thing I've ever done in my life. I have 2 degrees, run a business, have a family, raised 2 kids.

Easy stuff. This, THIS is hard and therefore just more fun and more rewarding.

(Restored a car, climbed a mountain, won a publicly elected seat, lived out of a backpack for 2 years; all easy compared to this! I love getting my ass kicked at the market!! )

[max_boost]

Originally posted by in*10*se
if and when lybia cools down, HOD would be a smrt play.

Makes sense. The global economy can't handle higher oil prices anyway. Well based on analysts calling for another recession if they hit the $120 range. Higher inflation, higher interest rates, slows growth etc. Again that's what she said lol but I guess we'll see if we hit $100 first. :nut:


Originally posted by dawerks


Everyone hopes for a 'pullback' then when it happens, they wait.

:dunno: :zzz: :poosie:

Like I said before, this is the HARDEST thing I've ever done in my life. I have 2 degrees, run a business, have a family, raised 2 kids.

Easy stuff. This, THIS is hard and therefore just more fun and more rewarding.

(Restored a car, climbed a mountain, won a publicly elected seat, lived out of a backpack for 2 years; all easy compared to this! I love getting my ass kicked at the market!! )

Fair enough lol The stock market is like Poker haha can be very humbling at times lol

[max_boost]

It's been a nice run for the SU/CNQ/G/ABX etc. Oil/Gold ruling the day.

TSX getting close to the red now. :D

[in*10*se]

so close to $100 dollar oil... we're at $99.27... jesus...

yeah, talk about $15 dollar premium on oil due to fear.... fear premium is more than $10 bucks now... :nut:

[997TT]

I just read the "am I middle class" thread. Haha. What a fkn tool.

[max_boost]

Should have bought some HOU. :rofl: :nut:

[e36bmw///]

nm

[max_boost]

If I go and buy back into SU/CNQ/ABX/G, gold and oil will 99% crash tomorrow because my luck is just that shitty I bet. :rofl:

[e36bmw///]

nm

[themack89]

My prediction is the market will give a huge gap up or a couple of nice up days to give the uptrenders some 'confirmation' that uptrend is still in tact... And then just crush the market and sell it down a couple hundred points.

Probably alot of people will be buying this 'dip', and will feel like they are sitting pretty when market shoots back up for a little bit.

[slick2404]

^ When do you plan on getting in on HOD?

[Pacman]

I just sold my HOU that I bought yesterday morning.

With my luck, it will soar to $30 now that I'm out..........

[max_boost]

^
lol

In order for HOU to hit $30, say hello to $200 oil and 89coupe gonna talk about how ballin' he is. :bigpimp:

[anschutz_92]

Originally posted by max_boost
^
lol

In order for HOU to hit $30, say hello to $200 oil and 89coupe gonna talk about how ballin' he is. :bigpimp:

89coupe is big into NG, not oil.

Good exit from HOU though

[997TT]

Nice pop in volume and price on RM.V at close
Cmon let's see 0.60's

[max_boost]

Bob Haber.

http://opinion.financialpost.com/2011/02/04/tsx-could-hit-30000-in-a-decade-former-fidelity-fund-manager-says-in-new-book/

He's calling for 30,000 TSX within the decade. Possible?

What do you think dawerks?

[Mattloaf]

Any recommendation on brokers? I have some long term holdings (PBX) but at the moment I just buy through my bank. I know there are better ways to trade, but I'd like to hear who you guys use and why (pros/cons, etc).

Thanks :thumbsup:

[dawerks]

Originally posted by max_boost
Bob Haber.

http://opinion.financialpost.com/2011/02/04/tsx-could-hit-30000-in-a-decade-former-fidelity-fund-manager-says-in-new-book/

He's calling for 30,000 TSX within the decade. Possible?

What do you think dawerks?

If we don't merge with the Brits, I say 30K easy in 10 years. Easy. If we do merge, then I have doubts
(market dilution). Because in 10 years our oil is going to keep up rocketing forward. Our dollar will be the new pound/euro and we will trade on par with them (believe it!).

The amount of resources that are coming on line/developed is just nuts. Even if we hit a cyclical commodity bear (we are looong over due!), we should power through with oil, potash, nat. gas (very undervalued!) etc etc.

Basically, there is no safer, capitalistic friendly, more resource rich country in the world. GO CANADA! :) I believed this 20 years ago, and I still believe now and looking ahead 20 years.

The only downside to Canada is manpower and sadly brainpower. But this has it's own positive, the people that are here will be VERY well off. Canada went from being almost a 3rd world bankrupt country to a world wide powerhouse (we got recognition for it finally when the US banks collapsed). There are over 800+ US Banks 'in danger' and ready to be federalized in 24 hours.

[Meback]

Well, its game over for me. Oil just hit 103. :eek: :nut: :banghead:

[e36bmw///]

nm

[SilverRex]

Originally posted by Meback
Well, its game over for me. Oil just hit 103. :eek: :nut: :banghead:

like I said this is a wave III advance I am expecting oil to at least hit 126 this year,

[dawerks]

Hey Max, I just realized something looking at the futures this morning...

...you wanted to short the market right? Well, by being LONG the TSX, we are actually 'short' the rest of the world market. Basically, oil/gold surges and it puts a crimp into everyone else's market, except the TSX (it surges).

[in*10*se]

Originally posted by SilverRex


like I said this is a wave III advance I am expecting oil to at least hit 126 this year,

ummm i really don't think wave III advance would have predicted political unrest in egypt or libya... personally, i would have predicted oil stayed between 85-100... but who knows... this market is :nut:

[Meback]

wished I had kept cll.to till today. :eek:

[max_boost]

Originally posted by dawerks
Hey Max, I just realized something looking at the futures this morning...

...you wanted to short the market right? Well, by being LONG the TSX, we are actually 'short' the rest of the world market. Basically, oil/gold surges and it puts a crimp into everyone else's market, except the TSX (it surges).

Like you said, this game is hard :eek:

That's the thing about the TSX, it's so resource driven and high commodity prices especially oil will fuck everyone else. If it screws everyone else, higher inflation, raising rates, slows growth, doesn't that come back and hit Canada in trade?

If anything I should have went inverse on the SP500 and other global indexes haha

But wait, oil and gold has been tamed today. It's the financial sector shooting up! Our banks are stars today, CIBC and NA killed it in their earnings.

[max_boost]

Originally posted by SilverRex


like I said this is a wave III advance I am expecting oil to at least hit 126 this year,

It might happen by next month if this Libya keeps up!:eek:

[max_boost]

There goes the TSX into the red. If it wasn't for the bank stocks, it would be ugly today. :eek:

[dawerks]

I called/bought NA on the pullback a few pages back :)

The beauty of the TSX is that either you're in energy/resources or Financials. There's not really much else to buy (LLL! And Tim Hortons, RIM?, CTire?). If anyone can recommend something, I'm ears!

DOG is something like what you want Max, the only crappy thing is that it's in USD!

[max_boost]

The Saudi's are ballin'

King Abdullah comes out and says pfff 1.6million from Libya? I got that shit covered. And bam goes the oil price. :rofl:

[max_boost]

Whoa wait, Gaddafi got shot? Who spread this rumour? lol

http://www.reuters.com/article/2011/02/24/us-oil-gaddafi-idUSTRE71N6O720110224

For you oil traders, it's HOD time.

:D

[in*10*se]

... traders spread this rumor... still too unstable for me to bet HOD or HOU.... mind you... with all this volatility... a good straddle of hou/hod would set you up well... especially @ $95/bbl of oil.

[in*10*se]

http://www.mediaite.com/online/rumor-has-libyan-dictator-muammar-gaddafi-been-shot-and-killed/

[e36bmw///]

nm

[TheRealTimHorton]

Originally posted by in*10*se
... traders spread this rumor... still too unstable for me to bet HOD or HOU.... mind you... with all this volatility... a good straddle of hou/hod would set you up well... especially @ $95/bbl of oil.

Finally someone talking options..

I wouldn't mind a straddle on oil, volatility will drive up options and price is so incredibly strong.

[DRKM]

Originally posted by TheRealTimHorton


Finally someone talking options..

I wouldn't mind a straddle on oil, volatility will drive up options and price is so incredibly strong.

Are there options availbale for HOU/HOD? I don't think that there are any? They are probably horrid since they would be traded on the Montreal Exchange. The volume just is not there on that exchange.

I don't like the straddle too much since the priemuim is so high for the options. Strangle all the way. Especially since we have had so much volatility of late.

[TheRealTimHorton]

Originally posted by DRKM


Are there options availbale for HOU/HOD? I don't think that there are any? They are probably horrid since they would be traded on the Montreal Exchange. The volume just is not there on that exchange.

I don't like the straddle too much since the priemuim is so high for the options. Strangle all the way. Especially since we have had so much volatility of late.

Think outside the box! Theres more markets than the TSX and TSXV!

[DRKM]

Originally posted by TheRealTimHorton


Think outside the box! Theres more markets than the TSX and TSXV!

Hahaha. Oh for sure. CME is where it is at for me when it comes to options.

What exchange do you use for direct exposure?

[Hi-Psi]

Anyone have any junior Silver stocks they like?

[natejj]

Originally posted by Hi-Psi
Anyone have any junior Silver stocks they like?

GPR, SLX

[Zewind]

There goes my TSLA stock - muahaha!

and UUU :thumbsup:

[fluid]

shit i was gunna buy in uuu, and add hzu yesterday cause of its drop, was gunna see where it went today, dammit i need to pull the trigger better lol

[dawerks]

TSX on Green fire!

NA lighting it up. It's weird, but the littlest bank is probably the most undervalued, best one to buy. I've never even seen a 'National Bank' :love:

[Feruk]

Guy on BNN last night was big on copper; an industry I know nothing about really. Any thoughts on copper? Any small caps to recommend in the copper field?

[dawerks]

I have BWR, and I bought a bit more the last few days. It's my multi mineral - mostly copper small cap play.

What is your guys under valued mineral play? I like GOZ. It's 1.00, market cap of 75 Million, $.10 cash on hand, $45 Mill Revenue, 40K OZ of gold/year.

Show me something with better fundamentals (market cap of less than 100 Million). I like buying undervalued companies and waiting instead of trying to catch up when they run away.

[997TT]

RM.V
Wwwweeeeeee

[e36bmw///]

nm

[max_boost]

All the stuff going on in the middle east scares me. I'm going to wait it out. A social revolution :nut:

[Zewind]

Originally posted by max_boost
All the stuff going on in the middle east scares me. I'm going to wait it out. A social revolution :nut:

Wait out buying and selling?

[e36bmw///]

nm

[max_boost]

In regards to the entire market lol

[Feruk]

Great time to be in oil stocks. :) Let's get some major riots in Saudi going already!

[e36bmw///]

nm

[max_boost]

Originally posted by Feruk
Great time to be in oil stocks. :) Let's get some major riots in Saudi going already!

Yes to the first part.

No to the second part.

Short term make some money. Long term rioting, high prices, disruption etc. everyone is screwed. Demand destruction and back to the recession we go. Just saying.

[Hi-Psi]

Originally posted by natejj


GPR, SLX

I'm such a moron, been watching GPR for some time and was going to buy a month or so back during it's big drop and held off as I was worried about the TSX correcting. Everyday I watch it jump between 6-12% while my GF is laughing cus she bought in during the dip and I didn't.

Eff my life

[TheRealTimHorton]

Originally posted by Hi-Psi


I'm such a moron, been watching GPR for some time and was going to buy a month or so back during it's big drop and held off as I was worried about the TSX correcting. Everyday I watch it jump between 6-12% while my GF is laughing cus she bought in during the dip and I didn't.

Eff my life

There's tons of opportunities everyday. Don't fret. :)

In the mean time you should congratulate her.

[ragu]

I feel like a moron when it comes to gpr.to as well. I bought it a bit ago a2 around $1.90 and got out at 3.00 as that was my original goal, now this thing is at3.40 lol what to get now? Cll or slx??

[Hi-Psi]

Originally posted by Feruk
Guy on BNN last night was big on copper; an industry I know nothing about really. Any thoughts on copper? Any small caps to recommend in the copper field?

I really like Baja Copper(BAJ) and picked up some of it last week. Been watching it for a while and it hasn't done much movement wise but hoping for it to get bought out in the near future.

Jason

[troyl]

^For Copper I like SAU I am in at a higher level 1.47, but also received shares of the spin off company RTG. They should be drilling at their "King-King" project, which is one of the largest undeveloped copper-gold deposits in the world. Broke out on friday from a couple week consolidation period, hope it can continue upwards.

http://stockcharts.com/h-sc/ui?s=SAU.TO&p=D&yr=0&mn=4&dy=0&id=p10286657646

[max_boost]

Oil prices up again. Going to break $100 and stay above it?

:D

[dawerks]

With summer coming up, I think we stay around 90-110 until Winter, then who knows.

Poor poor NG! Nobody loves you NG, why? I think as Albertans, we should do our civic duty and convert our cars to NG! We make most of our revenue from NG and yet no one cares.

The REAL boom hit when NG hit 15'ish, that was nice.

[s_havinga]

In 1800 shares HNU, hopefully NG goes for a little run!

[TheRealTimHorton]

Out of all the commodities that have rocketed showing continuous strength and NG being the only dog with obvious weak pricing and interest, why are you guys hopped up on it?

Just saying.

[nobb]

NG is going to have little blips here and there but for the most part it's going to be a dog in 2011. So much hype over NG "breaking out" during the fall (like every other year)...but it never really happened.

[dawerks]

I think everyone has Encana in their RRSP's in one way or another, so a NG break out would benefit everyone. And Alberta is run on NG, the real boom occurred when NG went parabolic.

edit; GOZ will release it's AUDITED 2011 results after the close today. What microcap company does that? I believe in fundamentals and accountability (and mispriced assets!) :) GOZ is all three, I have yet to find another stock this year that hits all 3 of those points these past few months.

Anyone have? :) Serve it up!!

[skandalouz_08]

I have goz, but bought way too high so hoping these earnings boost it enough for me to get out and then rebuy at a lower pprice!

[yoda124]

late afternoon tear on SLW.Just hit all time high on the u.s. side

[e36bmw///]

nm

[FlamingC19]

I tried Questrade wouldn't let me buy it? Looks pretty decent and another huge day today. Did you buy it? If so how?

[FlamingC19]

Just purchased a couple thousand shares of GOZ hopefully it can have a big day tommorow!

[e36bmw///]

nm

[e36bmw///]

nm

[max_boost]

Yes I'm holding PNA and AAA. It's sitting in the TFSA so I'm just going to keep it and maybe one day it'll hit $10 :rofl:

[yoda124]

another gapper on SLW.Easy money made here.Earnings out thurs after close.

[KappaSigma]

BKT is about to start drilling. Just had a conversaion with CEO and said in coming weeks to start drill program. Super low share count and market cap. Based on spec and where CAN currently is, I expect it to run big time on hype alone.

[Zewind]

Originally posted by KappaSigma
BKT is about to start drilling. Just had a conversaion with CEO and said in coming weeks to start drill program. Super low share count and market cap. Based on spec and where CAN currently is, I expect it to run big time on hype alone.

Just went up 8.55% this morning

Brookemont Capital correct?

[KappaSigma]

Originally posted by Zewind


Just went up 8.55% this morning

Brookemont Capital correct?

Yup that is the one.

[max_boost]

Where's SR? Need a short term update on gold and silver! :eek:

[aklalani]

anyone have any thoughts on crk.to? down a lot this morning.

[SilverRex]

Originally posted by max_boost
Where's SR? Need a short term update on gold and silver! :eek:

I have given some updates and that is holding for gold for 17xx and silver 50

by 2012 EW count suggest we shall see gold at 2050 and silver 50-100 dollars as our final parabolic move.

the very very short term, it may pull back, but silver HAS entered a phase transition where it is now trading above a higher rising trend channel, as long as 31.4x holds, silver remains bullish

90-100 dollar oil may become the normal thru out 2011, I still expect we could see it touch 126 this year, but the magnet will be 100 oil, could straddle this range for quite some time before the next transitional rise into a new trading range. Any pop could be sold off immediately for profit taking.

NG while for the longest time has been quite disappointing, because it took out a important critical support and thus lost its steam, but count suggest it is making 1 final wave down and I suspect the area between 3.7-3.8 will be a very solid entry point since it now looks like a very large reverse H&S (confirmation trend is underway requires NG to close above 4.25 (it came close touching off 4.24 last week)

[fluid]

thanks sr

[dimi]

Originally posted by e36bmw///


:( I didnt buy it
Wanted to see how it would play out

Lucky you LoL!

[realazy]

What's with all the gold and silver stocks today? It's all red :eek: