Official Short-term Investments Thread

[e36bmw///]

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[SilverRex]

quick alert.

the 81 area has been broken twice imo, this may be a sign that then current run up to 82.2 may be part of a larger correction and thus I now expect the dollar to fall back towards 79.5 - Caution is advised. yes this would push oil/gold higher in the short term anyways



while I hate to say this but oil's abc correction towards 75-78 didnt pan out perfectly, it made the double dip at 79 instead. May be a bullish sign

while depending on what contract month pricing you use, key are should be near 85.05 however which this kind of structure, oil may be headed higher.

either sit on the side line or begin to think long short term.



this may be a good time to try hnd.to (NG) as it is heavily oversold and if oil breaks out, it should lift NG for a bounce

[SilverRex]

watch gold at 1131, if we take this out, this could turn gold bullish in the short term. while over all I still look at gold in the bearish direction. the more gold defys my expecation the more I may soon change my tone but for now watch if price pushes above the previous broken neckline which is a bullish signal if we dont get a sharp drop immediate this morning, expect bullish momentum to mount

[SilverRex]

i exited my oil short, going to buy back near 83 oil for a long position

started a small position in NG long

[broken_legs]

Originally posted by e36bmw///
Does anyone know if you can trade options in tfsa?

Im able to see option quotes, but cant trade them

yes you can. You need a margin short account to buy options AFAIk.

[997TT]

HND $9.40

[SilverRex]

Originally posted by 997TT
HND $9.40

I know, I sold too soon as well as I was only expecting it to fill the gap at 7.50

now the reverse might be happenjing here, hnu.to has a gap to be filled around 9

it would be the right move if oil indeed is on a breakout here

[tryingtobebest1]

Hey SR, i thought that HNU/HND works same way as HOU/HOD, but now im comfused!??? Please explain if you have an idea!

[SilverRex]

^
what do you mean same way?

their relationship within each other? Could you explain your question a little more

[tryingtobebest1]

Yes i mean when price on the HG is going up HND (same as if oil is up HOD) going up, if the price of NG is going down HNU going up???

[SilverRex]

Originally posted by tryingtobebest1
Yes i mean when price on the HG is going up HND (same as if oil is up HOD) going up, if the price of NG is going down HNU going up???

hou oil up
hod oil down

hnu ng up
hnd ng down

[broken_legs]

Originally posted by tryingtobebest1
Yes i mean when price on the HG is going up HND (same as if oil is up HOD) going up, if the price of NG is going down HNU going up???

tryingtounderstand

SR was saying a rally in Oil cause by a drop in the dollar, would likely take Natural Gas along for the ride.


There is no technical relationship between HNU/D or HOU/D

[Shaolin]

I try to stay away from startup companies because it's too much of a gamble most of the time, but I bought this play because I know Jim, and his leadership team's history, so I thought I'd throw it out there for you guys to consider buying.

PS. I do have shares in the company

Sorry, forgot the company name. Its PanWestern Energy Inc.

[PeterGTiR]

I bought some HRG.TO today at 0.69 - they were supposed to release their 2009 financial results today but need until April 15, 2010. I don't know what to make of the extended deadline - their results from the unaudited results that they posted look good, but the delay may mean that there's something underlying that they're not telling their shareholders.

I was also thinking about buying some BKX.TO - close at $2.53 today with five straight down days. I think at its current price, it is undervalued by a bit.

Is anybody holding these two companies?

[SilverRex]

did NG come out with inventory numbers? anyone got them?

sudden 5% jump

[tryingtobebest1]

lets hope its fake!

[DJ_NAV]

10% jump now.

[e36bmw///]

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[tryingtobebest1]

SR???

[e36bmw///]

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