Thursday, December 13, 2007
Trade Update USO OIL:
In yesterdays alert I wrote get out of OIL, buy to cover, but since I was long 50 shares OIL I should have said sell 50 shares OIL. Sorry I ...
Wednesday, December 12, 2007
Alert: USO OIL
I am going to have to make up my mind weather to cover the short position on USO before the close. The last half hour will tell. I'm inc...
Plunger Alert
Yea the FED which is a member of the plungers is definitely rigging this market higher. They are getting desperate. Oil rises above $91, Fed...
Trade Alert: USO OIL
The Plungers pulled an all nighter, trying to save this stock market from ruin and this country the stark realization that the depression is...
Cramers Golden Rule
If you took Jim Cramer's advice of last Thursday December 6 and bought a gold mining stock, "..., as a hedge against inflation when...
Tuesday, December 11, 2007
Trade Update: USO OIL
Here is an accounting of the USO OIL trade so far Sold USO 25 shares @ 70.23 bought 25 shares @69.50 , profit 25*(-.73)=-18.25 or 1% loss So...
Plunger Alert
I expect the bid rigging to begin right here. The plungers will not let this get too far out of hand. Recall the Cramer's Golden Rule Po...
Alert USO OIL:
Get out of OIL. I know this means removing the hedge, gut it gives us a chance to close out the long position on Barclay's ETE OIL. Bar...
Trade Update: USO OIL
It would be nice for oil complete it's profit taking process and let us be on our way to higher ground. Unfortunately it seems to be wai...
Pump It Up
OK the Wall Street manipulators are taking this thing way too high on the rate cut crap. Remember interest rate cuts can't be the arteri...
Monday, December 10, 2007
The Raw Deal
Do you know why Jimmy Carter gave away the Panama canal? Well this is what he said at the signing ceremony in September 1979. 'The Panam...
FOX NEWS: DOLLAR INFLATION GOOD!
And they call Ron Paul a loon. Listen to the Faux bimbos obsessing over Gisele Bundchen These two are trying to convince you with straight f...
Friday, December 7, 2007
Cramer's Golden Rule
Flippin through the channels last night I came across Cramer on Mad Money. When I first became interested in the market I used to be fond Of...
Alert: USO OIL
The crude oil markets are jittery after yesterdays OPEC shock. Economic data released today could spark the next major move. The market must...
Thursday, December 6, 2007
Alert: USO OIL
OPEC sent wrong message to oil market In case you wonder why I do so much hedging it's because the whole dam global market is a scam to ...
Who Keeps The Penny?
Suppose your kid told you he would get an F in Algebra, but on report card day proudly produced a D. Well you'd go out and buy him a new...
Alert: USO OIL
When a stock hovers just underneath support as USO and OIL are right now they usually move away fast and to the downside (Link 1). It looks ...
Wednesday, December 5, 2007
Short The Bond Inssures with One Eye Closed
While the stock market is all giddy over the prospect of of a rate cut another monster has come up from the slimy depths. Bond insurer MBIA ...
Ron Paul is no Serious Candidate
After the Republican debates last week Jeffery Toobin the senior legal analyst for CNN proved once and for all that anyone can get a law de...
Tuesday, December 4, 2007
Alert: USO OIL
USO is down 1.40 and OIL is 0.96 down. Just stay in both positions. I want for oil to drop to 80 per barrel. Since the longer term outlook f...
Trade Update:USO OIL
For those of you who are in the USO OIL trade we should be long 50 shares OIL @ 52.16 and short 25 shares of USO @ 70.23 and 25 shares @ 68....
Monday, December 3, 2007
Alert: USO OIL
We have been stoped out of 50 shares stil in 50. This is a hedge. I will post a follow up, but right now Buy 50 shares OIL @52.16 Remove all...
Alert: USO
Add a 3/4 poistion Sell short 75 shares USO @ 68.74 Stop: 25 shares @ 69.50 Stop: 25 shares @ 70.50
Short it Blind
Well not just yet. Friday’s action shows that it’s a good idea to short anything in this very short deserving stock market with some respect...
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