Posted:
#26
seems like someone is bullish on oil
How is this market at 8,500
Posted:
#27
This particular bear market rally could end 2 days ago, or could go on non-stop for 5-6 more years before collapsing to absolute zero once the social security ponzi scheme is confessed, and no more money can be printed up cause inflation is running amok.
Big moeny boys want it up and are going to fry the daylights out of shorts at any and all opportunities.
As I have said before, YOU CANNOT even think about attempting to short this market now unless you have inside info on something or like to be run over by the machine. The easy trade is still to trade long pullbacks, but take money off the table when it's there, keeping one eye on the door at all times.
But still, the long haul future for the world financial markets could not be any bleaker-----period.
Posted:
#28
seems like someone is bullish on oil
the standard assumption is that the "mortgage meltdown" was the cause of the crash BUT I believe those ulter high fuel prices last summer were a major factor. it tanked the auto market, the airline industry and sent transport costs thru the roof which lead to massive layoffs and the economy going into the sewer.
another phoney baloney oil "price spike" could REALLY tank an already weak economy
QID's anyone? it's trading at or close to all time lows. this market sobbers up and turns south it will be back to 40 faster than you can say Henry "Pat" Paulson 
Posted:
#29
the standard assumption is that the "mortgage meltdown" was the
cause of the crash BUT I believe those ulter high fuel prices last
summer were a major factor. it tanked the auto market, the airline
industry and sent transport costs thru the roof which lead to massive
layoffs and the economy going into the sewer.
-------------------
we were headed there anyway but this really pushed things forward
-------------------
we were headed there anyway but this really pushed things forward
Posted:
#34
Quote Originally Posted by LeRinkRat:
positioning into FAZ. bot 1k @ 4.39 
prob a good trade
considering the government is supporting equities and trying to buy bonds to keep yields down...they cant do both at once
10 yr moved 15bps today which is insane...they will pull money from equities and buy bonds
Posted:
#37
good shit vermeer
govt cant hold up equities and hold down yields at the same time
bernanke also yelled at Barry the other day in congress warning about deficits. he knows bond market puke day is coming
that will be the day that we see a 50bp or more move in the 10 year and its the lead story on every news program
govt cant hold up equities and hold down yields at the same time
bernanke also yelled at Barry the other day in congress warning about deficits. he knows bond market puke day is coming
that will be the day that we see a 50bp or more move in the 10 year and its the lead story on every news program
Posted:
#38
I missed Bernanke going at Barny the other day, hat must have been very funny...
The average Chinese student is serious as a heart attack.I figured anything that would get a group of them to laugh had to be worth following up, especially since I am bearish long term treasures anyway. It is a pity that no one in this country has the cajones to laugh at palpable absurdity.
The average Chinese student is serious as a heart attack.I figured anything that would get a group of them to laugh had to be worth following up, especially since I am bearish long term treasures anyway. It is a pity that no one in this country has the cajones to laugh at palpable absurdity.
Posted:
#39
Quote Originally Posted by LeRinkRat:
FUnny. I bought some Jan $2.00 Faz calls today. I think this rally is bullshit and only a matter of time before we reverse course. Also Bought some Drys calls too. If the market corrects, Faz should do very well. If the rally continues, Drys should see over 10 soon.
positioning into FAZ. bot 1k @ 4.39
Posted:
#41
Yeah, Barney Frank is nauseating--fits all the stereotypes, too-----all of 'em.
The fundamentals of the global economy couldn't be worse------but cause this is vicious bear market rally we're in, it could go higher-----lot of shorts out there still to terrorize.
JMHO here, but I wouldn't be lining up to short this market in the very near term------too many yahoos out there trying it and getting crushed, crushed, and crushed some more.
Posted:
#42
Those owning FAZ (or FAS) I wouldn't hold too long term. I did a quick analysis. If you shorted each at the beginning of a month and then closed out your short of each you'd make a net 23% gain each month. Run the math yourself. The decay is killer.
Only time that didn't work that way was when FAS bottomed in the 2's and then doubled a few times. But now that they are close to each other if you want to make a nice scalp short each on Monday for the month of June and cover at the end of the month for a nice 20% gain.
Only time that didn't work that way was when FAS bottomed in the 2's and then doubled a few times. But now that they are close to each other if you want to make a nice scalp short each on Monday for the month of June and cover at the end of the month for a nice 20% gain.
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