Calling start of new Fool’s Rally – this morning

[stockstradr]

I view the best market play today to be OIL!

Please educate me. What western oil stocks do you all consider to be strongest?

I already bought foreign oil, PBR and PTR

I’m also buying Japan and Chinese stocks, to the tune of 8% of portfolio each. Bought Wells Fargo also.

[peterb]

Is VIX for sale? I think that’s going up.
Oil is hurting. PBR may be your best play if you insist on going long here.This is real deflation in action. Gold getting hit. Deleveraging starting gain real momentum.

This last rally crash indicates to me that there’s very little appetite in the market for purchasing stocks. Talk about downward pressure! If today stays flat to down. It’s a done deal.

[peterb]

Is VIX for sale? I think that’s going up.
Oil is hurting. PBR may be your best play if you insist on going long here.This is real deflation in action. Gold getting hit. Deleveraging starting gain real momentum.

This last rally crash indicates to me that there’s very little appetite in the market for purchasing stocks. Talk about downward pressure! If today stays flat to down. It’s a done deal.

[peterb]

Is VIX for sale? I think that’s going up.
Oil is hurting. PBR may be your best play if you insist on going long here.This is real deflation in action. Gold getting hit. Deleveraging starting gain real momentum.

This last rally crash indicates to me that there’s very little appetite in the market for purchasing stocks. Talk about downward pressure! If today stays flat to down. It’s a done deal.

[peterb]

Is VIX for sale? I think that’s going up.
Oil is hurting. PBR may be your best play if you insist on going long here.This is real deflation in action. Gold getting hit. Deleveraging starting gain real momentum.

This last rally crash indicates to me that there’s very little appetite in the market for purchasing stocks. Talk about downward pressure! If today stays flat to down. It’s a done deal.

[peterb]

Is VIX for sale? I think that’s going up.
Oil is hurting. PBR may be your best play if you insist on going long here.This is real deflation in action. Gold getting hit. Deleveraging starting gain real momentum.

This last rally crash indicates to me that there’s very little appetite in the market for purchasing stocks. Talk about downward pressure! If today stays flat to down. It’s a done deal.

[stockstradr]

GOLD IS ON SALE TODAY!

Increasing my position in gold to 27% of portfolio, bought at $790, $800.

UPDATE – CORRECTION: Since the Fool’s Rally (US stock indexes) got legs and drove the DOW up 800 pts intraday (Looks like i was right about big fool’s rally underway), I dumped HALF my gold (because generally gold falls with increasing financial market stability, and falls with a rapidly rising stock market)

I’m now looking for $750 on gold for next buy point.

Oil stocks? BP sitting at a P/E of 5! Waddyah want from me! You want me to put stacks of c-notes in your hand? You want the money THAT easy? How can you go wrong buying oil stocks at a P/E of 5? Buy and HOLD oil stocks my friends!

Regarding stock indexes, I bought SSO at 27.9 and sold at 28.50. I was happy to take that and run! So the only long position I’m holding on the indexes now is my S&P500 calls (1.5% of portfolio).

While I’m predicting a short-term fool’s rally for the indexes, I’m too chicken to bet significant money on that prediction.

[stockstradr]

GOLD IS ON SALE TODAY!

Increasing my position in gold to 27% of portfolio, bought at $790, $800.

UPDATE – CORRECTION: Since the Fool’s Rally (US stock indexes) got legs and drove the DOW up 800 pts intraday (Looks like i was right about big fool’s rally underway), I dumped HALF my gold (because generally gold falls with increasing financial market stability, and falls with a rapidly rising stock market)

I’m now looking for $750 on gold for next buy point.

Oil stocks? BP sitting at a P/E of 5! Waddyah want from me! You want me to put stacks of c-notes in your hand? You want the money THAT easy? How can you go wrong buying oil stocks at a P/E of 5? Buy and HOLD oil stocks my friends!

Regarding stock indexes, I bought SSO at 27.9 and sold at 28.50. I was happy to take that and run! So the only long position I’m holding on the indexes now is my S&P500 calls (1.5% of portfolio).

While I’m predicting a short-term fool’s rally for the indexes, I’m too chicken to bet significant money on that prediction.

[stockstradr]

GOLD IS ON SALE TODAY!

Increasing my position in gold to 27% of portfolio, bought at $790, $800.

UPDATE – CORRECTION: Since the Fool’s Rally (US stock indexes) got legs and drove the DOW up 800 pts intraday (Looks like i was right about big fool’s rally underway), I dumped HALF my gold (because generally gold falls with increasing financial market stability, and falls with a rapidly rising stock market)

I’m now looking for $750 on gold for next buy point.

Oil stocks? BP sitting at a P/E of 5! Waddyah want from me! You want me to put stacks of c-notes in your hand? You want the money THAT easy? How can you go wrong buying oil stocks at a P/E of 5? Buy and HOLD oil stocks my friends!

Regarding stock indexes, I bought SSO at 27.9 and sold at 28.50. I was happy to take that and run! So the only long position I’m holding on the indexes now is my S&P500 calls (1.5% of portfolio).

While I’m predicting a short-term fool’s rally for the indexes, I’m too chicken to bet significant money on that prediction.

[stockstradr]

GOLD IS ON SALE TODAY!

Increasing my position in gold to 27% of portfolio, bought at $790, $800.

UPDATE – CORRECTION: Since the Fool’s Rally (US stock indexes) got legs and drove the DOW up 800 pts intraday (Looks like i was right about big fool’s rally underway), I dumped HALF my gold (because generally gold falls with increasing financial market stability, and falls with a rapidly rising stock market)

I’m now looking for $750 on gold for next buy point.

Oil stocks? BP sitting at a P/E of 5! Waddyah want from me! You want me to put stacks of c-notes in your hand? You want the money THAT easy? How can you go wrong buying oil stocks at a P/E of 5? Buy and HOLD oil stocks my friends!

Regarding stock indexes, I bought SSO at 27.9 and sold at 28.50. I was happy to take that and run! So the only long position I’m holding on the indexes now is my S&P500 calls (1.5% of portfolio).

While I’m predicting a short-term fool’s rally for the indexes, I’m too chicken to bet significant money on that prediction.

[stockstradr]

GOLD IS ON SALE TODAY!

Increasing my position in gold to 27% of portfolio, bought at $790, $800.

UPDATE – CORRECTION: Since the Fool’s Rally (US stock indexes) got legs and drove the DOW up 800 pts intraday (Looks like i was right about big fool’s rally underway), I dumped HALF my gold (because generally gold falls with increasing financial market stability, and falls with a rapidly rising stock market)

I’m now looking for $750 on gold for next buy point.

Oil stocks? BP sitting at a P/E of 5! Waddyah want from me! You want me to put stacks of c-notes in your hand? You want the money THAT easy? How can you go wrong buying oil stocks at a P/E of 5? Buy and HOLD oil stocks my friends!

Regarding stock indexes, I bought SSO at 27.9 and sold at 28.50. I was happy to take that and run! So the only long position I’m holding on the indexes now is my S&P500 calls (1.5% of portfolio).

While I’m predicting a short-term fool’s rally for the indexes, I’m too chicken to bet significant money on that prediction.

[peterb]

I hope todays rally has some legs to it. This way I can buy back into my puts with some real meat behind them. But it will probably be a weak-ass rally and fade fast. Such is the stuff that dreams are made of……

[peterb]

I hope todays rally has some legs to it. This way I can buy back into my puts with some real meat behind them. But it will probably be a weak-ass rally and fade fast. Such is the stuff that dreams are made of……

[peterb]

I hope todays rally has some legs to it. This way I can buy back into my puts with some real meat behind them. But it will probably be a weak-ass rally and fade fast. Such is the stuff that dreams are made of……

[peterb]

I hope todays rally has some legs to it. This way I can buy back into my puts with some real meat behind them. But it will probably be a weak-ass rally and fade fast. Such is the stuff that dreams are made of……

[Author]

Posts