Official Short-term Investments Thread

[Dinan]

Originally posted by Vanish3d
fuck it, i just put a sell order at 5.19 for HNU and Im going out

if it hits then im out at a 80 cent/share loss, if it dont hit im riding this boat till winter....

i don't think it will take that long....


anyone getting into HOU?

[guessboi]

I am hanging on to HNU. bought at 5.67. waiting to add in another position next week or so. I am probably holding this till fall.

[SilverRex]

Originally posted by Dinan


i don't think it will take that long....


anyone getting into HOU?

me either

I think NG is now in a range play 3.5-3.90

[SilverRex]

Originally posted by Vanish3d
fuck it, i just put a sell order at 5.19 for HNU and Im going out

if it hits then im out at a 80 cent/share loss, if it dont hit im riding this boat till winter....

curious why you put 5.19 as an exit price especially you are prepare to ride it till winter?

there is chance that NG can still find its way back to near 3.90 which would be HNU somewhere around 5.7-5.8

[Red@8]

Yeah I will hold on to my large (for me anyway) position of HNU now.

Picked up some HOU today (small position)

[Vanish3d]

Originally posted by SilverRex


curious why you put 5.19 as an exit price especially you are prepare to ride it till winter?

there is chance that NG can still find its way back to near 3.90 which would be HNU somewhere around 5.7-5.8

I just put it at 5.19 for exactly 80 cent loss, no actual reason for that number. I put the order just for today so if it hits I can possibly get into HOU for a quick swing trade.

[tylere]

Given that some of us got burned with HOU after holding for a long time is there much risk to holding HNU for 3-4 months?

[Dinan]

i'm tempted to buy some HOU, what would SR do ?

[riander5]

Can anyone explain what HOU, HNU, and NG is? I tried googling and searching the internet for explanations but I couldn't find any good explanations!

[Rarasaurus]

Hou - ETF for oil betting it will go up. Goes up at 200% what oil does.

HNU - same as above but for natural gas

NG - Natural gas

Hod - Etf for oil betting it will go down. 200% same as above.

[Dinan]

Originally posted by tylere
Given that some of us got burned with HOU after holding for a long time is there much risk to holding HNU for 3-4 months?

it all depends where you entered.... NG is near the bottom so i don't think you will get burned if you can wait...

[DRKM]

Originally posted by Dinan


it all depends where you entered.... NG is near the bottom so i don't think you will get burned if you can wait...

I agree with Dinan on this one. When everyone lost money on HOU was when oil was making the decline to $30. NG at the moment is very close to the bottom. Seriously unless they are going to start giving giving away NG then there is some money to be made.

August is coming with the huricanes and winter is right after that.

Trust me you will regret taking a loss on this then to find out a month from now you could have been up a couple grand.
Almost every loss I hve taken on HOU (5 dollar era after split) I could have just waited and made a very resonable profits.
As a trader you got to think more than just the immediate short term...

As for HOU for the weekend, I am not sure if oil is done plunging is above the below the 40 day MA that is the first time that this has happened in months... Still holding HNU averaged at 5.65 3k shares...

[Dinan]

^^^^ what chart program do you use?

HOU, looks tempting....


anyone pulled the trigger...?


looks like HOU was a good buy today...oversold.....

[troyl]

Some technical analysis and comments on oil.

http://www.resourceinvestor.com/News...from-here.aspx


Had to pick up a few shares of CLL at 0.89 on friday. They are cash rich now that they have competed their debt and equity financing. Algar project is now moving forward.

[Z_Fan]

Looks like we all sold HOD too soon. It's (Oil) down -$1.65 already. Wonder if it's gonna get a lot worse overnight. Could be the big $4 or $5 day drop that would be the kind of day you'd like to be holding a couple thousand shares of HOD through...

Shit. I wonder what that will mean for natural gas tomorrow. At $3.575 now.

[Dinan]

I say we get 3.5 NG and a lil rally from there

[DRKM]

Dinan did you end up buying any HOU? Oil overseas at the moment at $64.90.
I honestly did not expect oil to fall lower than 65. But it truly about time. Nat gas sitting at 3.50. What I found strange about thursday and friday was that oil kept falling even though it was a long weekend coming up. The sell pressure is enormous.

Still glad I sold my HOD though... Even if I could have made an extra thousand dollars...

[max_boost]

Tomorrow is going to a very ugly day.

[Red@8]

I have HOU and HNU right now.



I am glad I have an exam in the morning so I wont be around to watch,

[911fever]

oil is going down boys, down