Official Short-term Investments Thread

[Dinan]

anyone buying HGD ??

[guessboi]

out of HGU. trying to get into HGD right now.

[skandalouz_08]

Just got into HOU as well. Let's go oil.

[sputnik]

Originally posted by troyl


Not sure if i agree with this statement. Say I want to buy 1000 HNU at $2 and you sell 1000 HNU at $2. Shares change hands between us not Horizon and volume would go up by 1000.

The difference is that there is also an offsetting HND ETF.

So there is basically twice the volume because instead of selling HNU short you would simply buy HND.

So there are no transactions that go from investor to investor but rather it is always investor to Horizon on both buys and sells, effectively doubling the volume traded.

[Vanish3d]

Originally posted by Dinan
thanks SR, i'll take some positions out of HNu at 3.2, not sure if i should buy few more shares now and hope it doesn't fall further so i can take more shares out...

lol dinan, you just did a huge no-no. You dont use the word "buy" with the symbol "HNU" in the same sentence!

come on 3.2 NG! what is that in HNU? around 2.65 ?

[skandalouz_08]

Bought oil too early as it drops to $7.84....

[Dinan]

[QUOTE]Originally posted by Vanish3d


lol dinan, you just did a huge no-no. You dont use the word "buy" with the symbol "HNU" in the same sentence!

come on 3.2 NG! what is that in HNU? around 2.65 ? [/QUOTE

and yet i never learn lol....

[997TT]

the classic stopped out and recovering back to entry price stock
lol

oh well i get that with my tight stops

[Dinan]

why is november contract up double then the october contract today, that will kill us with the roll over, no ??


NG seems to be following oil today... it dropped when oil dropped right after the inventories came out and now it's recovering...

[Dinan]

damn bought few shares of HGD at 6.13 and it just dropped right after lol... GOLD seems to be heading up, maybe i should sell... anyone else buying this?

[Meback]

SR please let us know when to sell some HNU positons!!

[997TT]

ya i'm looking at HGD at $6.

HOU $8.20....WTF
lol

[Super_Geo]

Oil's back in the mid-68's!

[Vanish3d]

Originally posted by Meback
SR please let us know when to sell some HNU positons!!

go ONE page back, look for 3.2 / 3.5 NG

[Z_Fan]

I bought some HGD just before it dropped too. LOL.

I was on the phone with RBC Direct wanting to buy HOU at 7.91 and by the time I was off and able to buy it was up to like $8.15 PISS ME OFF RBC

[Dinan]

wow, what just happened with GOLD, any news out or anything???

[Meback]

WTF HAPPEND TO GOLD!?

[SilverRex]

gold just broke a very important resistance at 971, now expecting higher gold prices

[tylere]

Originally posted by SilverRex
gold just broke a very important resistance at 971, now expecting higher gold prices

Is 991 the next resistance for gold?

[Dinan]

how much higher, ?? should we get out off HGD, but then again it doesn't really track gold, oil gold stocks., how much higher can they go...


there some time when gold is down 10$ and HGD is up few cents or not even...

GOLD

Intraday bias in Gold remains neutral for the moment. We'd expect some more consolidation between 931.3 and 974.3 and will stay neutral as long as Gold stays in this range. Though, a break of 931.3 will indicate that another fall is indeed underway for 904.8 support.

In the bigger picture, price actions in gold remains choppily bounded in converging range between 865 and 1007.7. While there are some possible developments inside such range, there is no change in the preferred view that it's merely consolidation to larger rise from 681, and should be near to completion. On the downside, in case of another fall, strong support should be seen at 904.8 support level and the case of deep fall to 865 is not likely. On the upside, break of 974.3/992.1 resistance zone will be the first alert that rise from 681 is resuming and will turn focus to 1007.7 key resistance level for confirmation.