Home › Forums › Financial Markets/Economics › One word: OIL
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January 2, 2009 at 9:40 PM #323426January 2, 2009 at 10:35 PM #322938stockstradrParticipant
Yes, UCO was one that really paid off big. DXO paid even bigger. However, when you know I only made 15% net average across the three I bought, you see I sold too early. This is what just slightly better timing would have yielded me on the three I bought:
DXO: 2.00 to 3.28 (64%)
UCO: 10.69 to 15.66 (46%)
USL: 28.16 to 32 (14%)
About SRS?
I wish I had bought that back in Sept. It is amazing that turned into a 2.5 bagger.
I think you might seek out a tool to get short exposure specifically to commercial real estate markets. For example, you want short exposure to the hundreds of malls across the USA that will certainly go belly up. Let me know if you find the right investment tool for that.
January 2, 2009 at 10:35 PM #323279stockstradrParticipantYes, UCO was one that really paid off big. DXO paid even bigger. However, when you know I only made 15% net average across the three I bought, you see I sold too early. This is what just slightly better timing would have yielded me on the three I bought:
DXO: 2.00 to 3.28 (64%)
UCO: 10.69 to 15.66 (46%)
USL: 28.16 to 32 (14%)
About SRS?
I wish I had bought that back in Sept. It is amazing that turned into a 2.5 bagger.
I think you might seek out a tool to get short exposure specifically to commercial real estate markets. For example, you want short exposure to the hundreds of malls across the USA that will certainly go belly up. Let me know if you find the right investment tool for that.
January 2, 2009 at 10:35 PM #323340stockstradrParticipantYes, UCO was one that really paid off big. DXO paid even bigger. However, when you know I only made 15% net average across the three I bought, you see I sold too early. This is what just slightly better timing would have yielded me on the three I bought:
DXO: 2.00 to 3.28 (64%)
UCO: 10.69 to 15.66 (46%)
USL: 28.16 to 32 (14%)
About SRS?
I wish I had bought that back in Sept. It is amazing that turned into a 2.5 bagger.
I think you might seek out a tool to get short exposure specifically to commercial real estate markets. For example, you want short exposure to the hundreds of malls across the USA that will certainly go belly up. Let me know if you find the right investment tool for that.
January 2, 2009 at 10:35 PM #323356stockstradrParticipantYes, UCO was one that really paid off big. DXO paid even bigger. However, when you know I only made 15% net average across the three I bought, you see I sold too early. This is what just slightly better timing would have yielded me on the three I bought:
DXO: 2.00 to 3.28 (64%)
UCO: 10.69 to 15.66 (46%)
USL: 28.16 to 32 (14%)
About SRS?
I wish I had bought that back in Sept. It is amazing that turned into a 2.5 bagger.
I think you might seek out a tool to get short exposure specifically to commercial real estate markets. For example, you want short exposure to the hundreds of malls across the USA that will certainly go belly up. Let me know if you find the right investment tool for that.
January 2, 2009 at 10:35 PM #323436stockstradrParticipantYes, UCO was one that really paid off big. DXO paid even bigger. However, when you know I only made 15% net average across the three I bought, you see I sold too early. This is what just slightly better timing would have yielded me on the three I bought:
DXO: 2.00 to 3.28 (64%)
UCO: 10.69 to 15.66 (46%)
USL: 28.16 to 32 (14%)
About SRS?
I wish I had bought that back in Sept. It is amazing that turned into a 2.5 bagger.
I think you might seek out a tool to get short exposure specifically to commercial real estate markets. For example, you want short exposure to the hundreds of malls across the USA that will certainly go belly up. Let me know if you find the right investment tool for that.
January 2, 2009 at 10:41 PM #322963mercedes7ParticipantDXO is a little too risky for me. I just got lucky with my trade on UCO. Had a feeling that shorts would not want to go into the weekend short with the conflict in the Middle East, so I resisted the urge to sell in the morning and doubled my profits. Just hope all hell doesn’t break loose in the Middle East this weekend (especially due to the death and destruction). Can’t even imagine what it would be like to have bombs/missile exploding around me. Makes me stop and realize how lucky we are to live in the US despite it’s many faults. Good luck in your trades. Hope we can both get back into oil at lower levels. gl
January 2, 2009 at 10:41 PM #323304mercedes7ParticipantDXO is a little too risky for me. I just got lucky with my trade on UCO. Had a feeling that shorts would not want to go into the weekend short with the conflict in the Middle East, so I resisted the urge to sell in the morning and doubled my profits. Just hope all hell doesn’t break loose in the Middle East this weekend (especially due to the death and destruction). Can’t even imagine what it would be like to have bombs/missile exploding around me. Makes me stop and realize how lucky we are to live in the US despite it’s many faults. Good luck in your trades. Hope we can both get back into oil at lower levels. gl
January 2, 2009 at 10:41 PM #323365mercedes7ParticipantDXO is a little too risky for me. I just got lucky with my trade on UCO. Had a feeling that shorts would not want to go into the weekend short with the conflict in the Middle East, so I resisted the urge to sell in the morning and doubled my profits. Just hope all hell doesn’t break loose in the Middle East this weekend (especially due to the death and destruction). Can’t even imagine what it would be like to have bombs/missile exploding around me. Makes me stop and realize how lucky we are to live in the US despite it’s many faults. Good luck in your trades. Hope we can both get back into oil at lower levels. gl
January 2, 2009 at 10:41 PM #323382mercedes7ParticipantDXO is a little too risky for me. I just got lucky with my trade on UCO. Had a feeling that shorts would not want to go into the weekend short with the conflict in the Middle East, so I resisted the urge to sell in the morning and doubled my profits. Just hope all hell doesn’t break loose in the Middle East this weekend (especially due to the death and destruction). Can’t even imagine what it would be like to have bombs/missile exploding around me. Makes me stop and realize how lucky we are to live in the US despite it’s many faults. Good luck in your trades. Hope we can both get back into oil at lower levels. gl
January 2, 2009 at 10:41 PM #323461mercedes7ParticipantDXO is a little too risky for me. I just got lucky with my trade on UCO. Had a feeling that shorts would not want to go into the weekend short with the conflict in the Middle East, so I resisted the urge to sell in the morning and doubled my profits. Just hope all hell doesn’t break loose in the Middle East this weekend (especially due to the death and destruction). Can’t even imagine what it would be like to have bombs/missile exploding around me. Makes me stop and realize how lucky we are to live in the US despite it’s many faults. Good luck in your trades. Hope we can both get back into oil at lower levels. gl
January 2, 2009 at 10:47 PM #322978stockstradrParticipantMy GREAT REGRET about those oil ETF trades of mine is I missed the bottom because I was so busy with the holidays. I even thought that markets were closed on the 24th; I didn’t check oil prices until late afternoon , then I saw it had been a trading day and oil ETF’s had hit new lows. If I had seen that during the trading day, I would have moved at least 25% of my entire portfolio into those long oil sector ETF’s that day. With oil having hit $34, you simply couldn’t lose, but I missed the bottom. Let’s hope deflation brings us another opportunity: how about $30 oil!
January 2, 2009 at 10:47 PM #323319stockstradrParticipantMy GREAT REGRET about those oil ETF trades of mine is I missed the bottom because I was so busy with the holidays. I even thought that markets were closed on the 24th; I didn’t check oil prices until late afternoon , then I saw it had been a trading day and oil ETF’s had hit new lows. If I had seen that during the trading day, I would have moved at least 25% of my entire portfolio into those long oil sector ETF’s that day. With oil having hit $34, you simply couldn’t lose, but I missed the bottom. Let’s hope deflation brings us another opportunity: how about $30 oil!
January 2, 2009 at 10:47 PM #323380stockstradrParticipantMy GREAT REGRET about those oil ETF trades of mine is I missed the bottom because I was so busy with the holidays. I even thought that markets were closed on the 24th; I didn’t check oil prices until late afternoon , then I saw it had been a trading day and oil ETF’s had hit new lows. If I had seen that during the trading day, I would have moved at least 25% of my entire portfolio into those long oil sector ETF’s that day. With oil having hit $34, you simply couldn’t lose, but I missed the bottom. Let’s hope deflation brings us another opportunity: how about $30 oil!
January 2, 2009 at 10:47 PM #323396stockstradrParticipantMy GREAT REGRET about those oil ETF trades of mine is I missed the bottom because I was so busy with the holidays. I even thought that markets were closed on the 24th; I didn’t check oil prices until late afternoon , then I saw it had been a trading day and oil ETF’s had hit new lows. If I had seen that during the trading day, I would have moved at least 25% of my entire portfolio into those long oil sector ETF’s that day. With oil having hit $34, you simply couldn’t lose, but I missed the bottom. Let’s hope deflation brings us another opportunity: how about $30 oil!
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