Official Short-term Investments Thread

[SilverRex]

is this the bounce for oil I am expecting? it was so oversold and sentiment was so bearish, it had to rally regardless of direction.

bte has recovered 8% off the low. very nice. would have double up my position if it had dropped another 3.5% but that is ok. if oil rallies from here, I sit tight with my small holding and do nothing. if this is a fake bounce with one more lower low to come then I buy at the right price.

jnug has moved nearly 50% up within 5 days. talk about strength

gdxj is very close in making a new 52 week while gold still hasnt. looks like it is going to be a good weekend

[Vanish3d]

well my smart ass strategy didnt work lol

[bspot]

Originally posted by bspot
MCRB for beer money. Down 76% on a trial failure.

Anyone else jump in? I'm up 13% so far

[SilverRex]

gdxj new 52 week high. oh lord

[Disoblige]

Originally posted by bspot


Anyone else jump in? I'm up 13% so far

No, but should I? lol.
Looks tempting but I know nothing of this segment. I'll probably pass, as even the CEO and other execs don't have confidence in the company.

[Vanish3d]

i'm hoping for a significant drop now...

[Vanish3d]

Originally posted by bspot


Anyone else jump in? I'm up 13% so far

Maybe I'll throw in some beer money.... I know nothing about it but if it's down 70% I'm sure it'll pop up 10-20 next week.

[SilverRex]

bte after taking out above 6.21 today, potentially has produced a swing low on the daily chart.

this means the low 'may' be in. now it is up to oil to do it's part. it's the first sign that a bottom may be in for this stock

[el_fefes]

Market not happy with YRI earnings? Stock's down when gold is up...

[SilverRex]

1350 is an important area (its either a big rejection or a breakout). selling half of my Jnug. riding the rest and booking profit.

My entire portfolio is already higher than when gold was at 1375 a few weeks ago, trying not to get too greedy.

[ercchry]

Up 20% on miners... Really don't want to hold over the long weekend... Hrm...

[ercchry]

Fucking questrade... Risk review for over 20min... But ended up scoring an extra 8%... Basically sold at today's high...

[Disoblige]

^^ worked out lol. extra % for beer money

[bspot]

Originally posted by Vanish3d


Maybe I'll throw in some beer money.... I know nothing about it but if it's down 70% I'm sure it'll pop up 10-20 next week.

Did you get in?

I'm sitting up 30% on the day.

One day I'll get stupid and throw real money at one of these insane selloffs. That will be the day it's actually a company going under.

Grabbed some UWTI at $17.54. Hoping it turns here and makes a massive inverse head and shoulders.

Added to my MEG at $5.28, averaged down to $5.69.

Sold my JNUG at $296 and moved most of it into YRI given they lagged the action today.

As the US dollar gets weaker I'm going to try hold more Canadian instruments.

Still holding LABD which hasn't hit my stop yet, but is down a couple bucks. XBI looks like it should be making it's mind up on Monday, right at the top of the channel:


» Click image for larger version

[ercchry]

Originally posted by Disoblige
^^ worked out lol. extra % for beer money

Well... I guess it's a long weekend

[SilverRex]

I will out of town next week, not going to post much.

the only chart I wanted to post is the energy sector represented by XLE here.

while oil has not formed a daily swing low just yet. Energy shares had rebounded nicely on friday and confirmed a very bullish engulfing candle and swing low. RSI is also nicely coming out of oversold.

which means. While oil can still make a lower low. Energy stocks/shares may only retrace. Energy stocks have basically traded side ways or you can say corrected side ways for over 2months. Once oil breaks out (above 46) energy stocks will breakout. The target area would at least imo equal to the rise off the bottom. resulting in many stocks at least doubling from their current areas.

[bball2]

Well on one hand gold is making a killing, on the other hand still holding UWTI, oil might break below $40 today

[KappaSigma]

Still think oil falls farther and still sitting on all cash for now.

[riander5]

How long to hold netflix calls

hmm

[bball2]

Originally posted by riander5
How long to hold netflix calls

hmm

What was your strike price / expiration date?