Posted:
#76
sasquatches, nice call on your DXO, Isn't USO a good crude oil etf as well?
December Stock Talk I
Posted:
#80
any thoughts on Potash as of now. Reports and all look pretty good for the future. I bought in on Friday at $50.60. Up to $58 right now, but that can change as fast as it happened. Anybody see anything that might be red flag that im not seeing? I think this has been beaten down from the pressure selling and not the fundamentals
Posted:
#83
USO is less volatile than DXO (double fund). In either case, I think both are great plays. If I can get $8-10 on DXO on 10,000 shares I will be a happy man.
On another note, I bought heavily into MO, which I can only assume is being weighed down due to the UST merger. Pays a great dividend and limited remaining downside in my opinion.
Posted:
#88
Quote Originally Posted by JEFFMARKETCAP:
If we can finish this week strong it would be great. Currently holding Drys January 5's and MTL. I was gonna sell both today but thought maybee this rally continues for a few days. Hope I made the right move. 
50 DMA on S&P and DOW coming up real soon. I think we see a drop back down sometime this week and then a move back up to break through the 50 DMA by then end of the year. Not sure if all this happens by next Friday though
Posted:
#89
Quote Originally Posted by whereismyhat:
DRYS 
Me clueless on all this stuff
Me clueless on all this stuff You and me both. When emotion trumps fundamentals, you get weird valuations.
It has a long long way to go to recoup the losses I sustained, but any gain is a welcome one naturally.
Something more rational is the arrest of Illinois' governor...I hope all the usual suspects are arrested after we getr over the shock of it.
Posted:
#94
Vermeer,
That was a snoozer, all he did was research call volume and use a 10 week moving average to draw some muddled conclusion.
I dont think this "meteoric" move is much at all, they killed the stock artificially, so the move back to fair value could be JUST as dramatic.
I am not even getting excited until we see the 30-40 range, and it SHOULD see that range and higher.
He does good work, but his generalizations are for a trendless market, when you smash a stock 100 pts in 4 months, a 6 buck move is nothing.
That was a snoozer, all he did was research call volume and use a 10 week moving average to draw some muddled conclusion.
I dont think this "meteoric" move is much at all, they killed the stock artificially, so the move back to fair value could be JUST as dramatic.
I am not even getting excited until we see the 30-40 range, and it SHOULD see that range and higher.
He does good work, but his generalizations are for a trendless market, when you smash a stock 100 pts in 4 months, a 6 buck move is nothing.
Posted:
#96
Quote Originally Posted by wallstreetcappers:
Vermeer,
That was a snoozer, all he did was research call volume and use a 10 week moving average to draw some muddled conclusion.
I dont think this "meteoric" move is much at all, they killed the stock artificially, so the move back to fair value could be JUST as dramatic.
I am not even getting excited until we see the 30-40 range, and it SHOULD see that range and higher.
He does good work, but his generalizations are for a trendless market, when you smash a stock 100 pts in 4 months, a 6 buck move is nothing.
Vermeer,
That was a snoozer, all he did was research call volume and use a 10 week moving average to draw some muddled conclusion.
I dont think this "meteoric" move is much at all, they killed the stock artificially, so the move back to fair value could be JUST as dramatic.
I am not even getting excited until we see the 30-40 range, and it SHOULD see that range and higher.
He does good work, but his generalizations are for a trendless market, when you smash a stock 100 pts in 4 months, a 6 buck move is nothing.
Aw it was worht a minute's read. No, the slaughter of DRYS is hardly to be made up in 5 point moves even though they may be 50% jumps!!
As you know, I think this little rally in the market is going to be short and not so sweet, and I have already sold into it in selected issues.No doubt a bogus Detroit bailout will occasion a rally as well, but will be meaningless.
The Chinese stimulus is interesting and more important.But the parochial nature of US news will not cover it at all...
Posted:
#98
DRYS 
Gotta give up trying to figure out that stock. That is one you tuck away (for sanity purposes of course) and look back in a year to see where things shake out.
one of the unfortunate side effects is that one of my favorite boards that I discuss DRYS is now filled with irrational post after irrational post when in the past there actually was a lot of substance. Oh well. If irrational = 50% a day bring it on I guess.
Gotta give up trying to figure out that stock. That is one you tuck away (for sanity purposes of course) and look back in a year to see where things shake out.
one of the unfortunate side effects is that one of my favorite boards that I discuss DRYS is now filled with irrational post after irrational post when in the past there actually was a lot of substance. Oh well. If irrational = 50% a day bring it on I guess.
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