Sorry to see you go SIM. Come back and say hello once in a while.
Sometimes it's healthy to just walk away for a while. I've enjoyed reading your stuff SIM. Good luck!
Burn what's onboard.
Burn Baby, Burn. Disco Inferno. Marxist Oil Plan. Ate My Seed Corn. Whateva'.
Before you go SIM, fwiw, I think you have a good read for the market. You can take that with you anywhere, I'm sure its a great asset in your business ventures as well. And don't feel shy about returning....sometimes we just get fed up.
Firstsilver, I have not seen any news on JAG and an SEC investigation into manipulation. Oh I see manipulation, just not the news story. I own shit load of it, so I am going to look further into this (although I'm not sure what this could mean to my positions). JAG's trading up today. For a change.
I have not seen any news on JAG and an SEC investigation into manipulation. Oh I see manipulation, just not the news story. I own shit load of it, so I am going to look further into this (although I'm not sure what this could mean to my positions). JAG's trading up today. For a change.
Here you go... https://dockets.justia.com/docket/new-york/nysdce/1:2011cv08764/388574/
Unfortunately, it requires a subscription. I cant find any other source using Google either.
Out of 2nd small batch of CIE.
Oils are trading true without many games right now. What had been hoped for in miners but is simply not the case. Any miner is a potential IED. Oils tracking the price and heat of oil at the present. This will change but this is the proper playground for now imo.
Could all change on a moments notice as well. who knows?
Lng is unperturbed by offering this or offering that. It is being played daily as a momentum stock for traders who make their incomes doing this sort of thing. I do not see the offering making much difference so far at all. This news must already be baked in, factored,discounted and no longer relevant. IMO.
So far, I have to agree with Strawboss. I think we hit bottom on Wednesday. It will have to take a decisive turn down this afternoon to convince me otherwise. Just sayin.
that is a very smart and mature decision. I support it. Miners and metal have been poor trading vehicles and they are anti-government marks at all times and in all positions on the chart.
I may well follow you in short order. The probabilities of decent reward are relatively poor when compared to the high risk,anxiety and silliness of this entire sector.
Certainly easier money will be found in Obama Equities led by crooked,lying,cheating,fraudulent Banks and oil this year imo.
Made my 106.23...a day late, and some aggravation yesterday...need to head over into May contract on pullbacks...
I am thinking Manning goes to Denver. An interesting sweepstakes. We should know very soon.
I know, who cares?
I feel for you..
shes bottomed. Also look at some equity plays. This week it was banks now its energy. I mention rig and dvn yesterday. there are others.
SIM sorry to see you go. Enjoyed your company.
whatever team manning goes to, the commissioner has allowed him to continue wearing the colts uniform whne he plays.
so atlee, you agree with me?
Made some nice fixed bets on betonmarkets.com that ES will be lower a week from now. 1400 is a big psychological number and it's definitely going to see some resistance.
This week was a seasonality trade as the week leading up to St. Patty's day has been up on average 1% for the markets 80% of the time over the past 20 years or so. So it was no surprise to see Wall Street lit up in green leading up to it.
The week after though, people come back with sore heads and it's not as positive.
Btw, about the 30 yr bonds finally breaking down to the downside. This isn't good for PM's. It means higher interest rates are coming and the Dollar does get support from this. PM's are in trouble for a while. Correction phase will continue. Doesn't mean there won't be retracements and small rallies, but it does mean getting totally optimistic about them could turn out to be fatal for those who go & stay long.
Have a good weekend and week ahead.
We're not trading against the market, we're trading against ourselves.
just takin' a wee bit o' profit ahead of the pub crawl...
the great irony is that with Manning as with all hype in pop culture he will probably soon be gone. The first hit by a 330 lb lineman and the entire story will come to an end, I do not think a neck fusion is a good proposition for even 2 more months in the NFL. But owners get excited and then they chase. Sound familiar?
Silver goes to 25 quickly if the H&S thingy plays out. And all miners will fall with it imo. This could begin on Monday just as bottom pickers believe they finally caught the knife between their teeth. Who knows?
VLO definitely in play now.
Know very little about the oil trade. Next to nothing. Anybody wish to make recommendations. On stocks I mean.
silver didnt drop at all at the comex close which is often bullish, but i just went short. Rebounded a little today, but overall looking very weak. Definitely staying short through the weekend, unless we see a big drop today still, then I might take my profit and wait til next week.