One word: OIL

[DaCounselor]

Price recovery? I want to believe this because I want to invest in oil and make a big batch of money, but prior to the mad run-up in crude beginning in ’04 the avg price per barrel was in the 20’s this decade and in the teens in the 90’s. Now I would not be shocked to see $60/bbl or even $70/bbl in 24 months but I would also not be shocked to see bbl’s in the 20’s or 30’s for years to come. I know historical prices do not dictate future results but the historical prices do give me pause. Not sayin’ I not going to play, just sayin’….

[Chris Scoreboard Johnston]

I assume that this trading is being done in accounts with no access to futures because that is the best route to do this. ETF’s obviously are next and then the third would be XOM. It is one of the most undervalued stocks in the Dow fundamentally and has held up on a relative strength basis much better than the price of crude itself. If the price were to rebound, XOM should continue to outperform the commodity itself.

I don’t understand this whole idea of the 2 X leverage routes that many people who are inexperienced seem to take. This doubles your risk, and they are also very illiquid the fills are terrible. Make sure if you play these sucker vehicles that you take the extra risk into account with your overall portfolio risk. I have been on record in here calling for $30 Oil and I still have not seen anything that makes me think we won’t reach that level, we were 33 and change earlier this am. We may not stop at 30, there are still billions of dollars of losing positions in hedge funds that have to be unwound. The dollar found major support yesterday at the .618 retracement to the years low which is why we have seen that huge rebound the last 2 days. I sent Rich an email telling him we should hold there 2 days ago. Alot of pros watch and play at these levels. We could really launch upward in the dollar from here, I am looking for a long entry pattern there right now. I have not found a causal relationship between crude and the dollar in my research. As a result I don’t think analysis of the dollar should play a role in whether you are bullish or bearish on Oil.

[Chris Scoreboard Johnston]

I assume that this trading is being done in accounts with no access to futures because that is the best route to do this. ETF’s obviously are next and then the third would be XOM. It is one of the most undervalued stocks in the Dow fundamentally and has held up on a relative strength basis much better than the price of crude itself. If the price were to rebound, XOM should continue to outperform the commodity itself.

I don’t understand this whole idea of the 2 X leverage routes that many people who are inexperienced seem to take. This doubles your risk, and they are also very illiquid the fills are terrible. Make sure if you play these sucker vehicles that you take the extra risk into account with your overall portfolio risk. I have been on record in here calling for $30 Oil and I still have not seen anything that makes me think we won’t reach that level, we were 33 and change earlier this am. We may not stop at 30, there are still billions of dollars of losing positions in hedge funds that have to be unwound. The dollar found major support yesterday at the .618 retracement to the years low which is why we have seen that huge rebound the last 2 days. I sent Rich an email telling him we should hold there 2 days ago. Alot of pros watch and play at these levels. We could really launch upward in the dollar from here, I am looking for a long entry pattern there right now. I have not found a causal relationship between crude and the dollar in my research. As a result I don’t think analysis of the dollar should play a role in whether you are bullish or bearish on Oil.

[Chris Scoreboard Johnston]

I assume that this trading is being done in accounts with no access to futures because that is the best route to do this. ETF’s obviously are next and then the third would be XOM. It is one of the most undervalued stocks in the Dow fundamentally and has held up on a relative strength basis much better than the price of crude itself. If the price were to rebound, XOM should continue to outperform the commodity itself.

I don’t understand this whole idea of the 2 X leverage routes that many people who are inexperienced seem to take. This doubles your risk, and they are also very illiquid the fills are terrible. Make sure if you play these sucker vehicles that you take the extra risk into account with your overall portfolio risk. I have been on record in here calling for $30 Oil and I still have not seen anything that makes me think we won’t reach that level, we were 33 and change earlier this am. We may not stop at 30, there are still billions of dollars of losing positions in hedge funds that have to be unwound. The dollar found major support yesterday at the .618 retracement to the years low which is why we have seen that huge rebound the last 2 days. I sent Rich an email telling him we should hold there 2 days ago. Alot of pros watch and play at these levels. We could really launch upward in the dollar from here, I am looking for a long entry pattern there right now. I have not found a causal relationship between crude and the dollar in my research. As a result I don’t think analysis of the dollar should play a role in whether you are bullish or bearish on Oil.

[Chris Scoreboard Johnston]

I assume that this trading is being done in accounts with no access to futures because that is the best route to do this. ETF’s obviously are next and then the third would be XOM. It is one of the most undervalued stocks in the Dow fundamentally and has held up on a relative strength basis much better than the price of crude itself. If the price were to rebound, XOM should continue to outperform the commodity itself.

I don’t understand this whole idea of the 2 X leverage routes that many people who are inexperienced seem to take. This doubles your risk, and they are also very illiquid the fills are terrible. Make sure if you play these sucker vehicles that you take the extra risk into account with your overall portfolio risk. I have been on record in here calling for $30 Oil and I still have not seen anything that makes me think we won’t reach that level, we were 33 and change earlier this am. We may not stop at 30, there are still billions of dollars of losing positions in hedge funds that have to be unwound. The dollar found major support yesterday at the .618 retracement to the years low which is why we have seen that huge rebound the last 2 days. I sent Rich an email telling him we should hold there 2 days ago. Alot of pros watch and play at these levels. We could really launch upward in the dollar from here, I am looking for a long entry pattern there right now. I have not found a causal relationship between crude and the dollar in my research. As a result I don’t think analysis of the dollar should play a role in whether you are bullish or bearish on Oil.

[Chris Scoreboard Johnston]

I assume that this trading is being done in accounts with no access to futures because that is the best route to do this. ETF’s obviously are next and then the third would be XOM. It is one of the most undervalued stocks in the Dow fundamentally and has held up on a relative strength basis much better than the price of crude itself. If the price were to rebound, XOM should continue to outperform the commodity itself.

I don’t understand this whole idea of the 2 X leverage routes that many people who are inexperienced seem to take. This doubles your risk, and they are also very illiquid the fills are terrible. Make sure if you play these sucker vehicles that you take the extra risk into account with your overall portfolio risk. I have been on record in here calling for $30 Oil and I still have not seen anything that makes me think we won’t reach that level, we were 33 and change earlier this am. We may not stop at 30, there are still billions of dollars of losing positions in hedge funds that have to be unwound. The dollar found major support yesterday at the .618 retracement to the years low which is why we have seen that huge rebound the last 2 days. I sent Rich an email telling him we should hold there 2 days ago. Alot of pros watch and play at these levels. We could really launch upward in the dollar from here, I am looking for a long entry pattern there right now. I have not found a causal relationship between crude and the dollar in my research. As a result I don’t think analysis of the dollar should play a role in whether you are bullish or bearish on Oil.

[stockstradr]

What’s with today’s end-of-day spike in price seen on the Crude Oil Lt Sweet Electronic (Nymex)?

Shows spike to $37/bbl, then fall back

[stockstradr]

What’s with today’s end-of-day spike in price seen on the Crude Oil Lt Sweet Electronic (Nymex)?

Shows spike to $37/bbl, then fall back

[stockstradr]

What’s with today’s end-of-day spike in price seen on the Crude Oil Lt Sweet Electronic (Nymex)?

Shows spike to $37/bbl, then fall back

[stockstradr]

What’s with today’s end-of-day spike in price seen on the Crude Oil Lt Sweet Electronic (Nymex)?

Shows spike to $37/bbl, then fall back

[stockstradr]

What’s with today’s end-of-day spike in price seen on the Crude Oil Lt Sweet Electronic (Nymex)?

Shows spike to $37/bbl, then fall back

[poway_seller]

anyone who buys a leveraged etf (2x or 3x) and ‘buys and holds’ it thinking that if they make the right call (i.e. buy a double long etf and the underlying index goes up), they will make money is very mistaken. It is very easy for you to guess correctly for the direction of the asset class (like China, Real Estate, S&P500, etc), but have your leveraged ETF LOSE money! Be careful what leverage does to those investments in highly volatile markets.

You MUST average in and out of them to even have a chance to come out ahead.

For example, look at FXI/FXP. (China)

FXI is near its lows (relative to the high), yet FXP which goes ultra (2x) short the China 25 is near it’s low as well and VERY far from the high. One would think that if FXI was near a low that FXP would be near a high. Guess again! That’s how you lose money being right.

Tread carefully!

[poway_seller]

anyone who buys a leveraged etf (2x or 3x) and ‘buys and holds’ it thinking that if they make the right call (i.e. buy a double long etf and the underlying index goes up), they will make money is very mistaken. It is very easy for you to guess correctly for the direction of the asset class (like China, Real Estate, S&P500, etc), but have your leveraged ETF LOSE money! Be careful what leverage does to those investments in highly volatile markets.

You MUST average in and out of them to even have a chance to come out ahead.

For example, look at FXI/FXP. (China)

FXI is near its lows (relative to the high), yet FXP which goes ultra (2x) short the China 25 is near it’s low as well and VERY far from the high. One would think that if FXI was near a low that FXP would be near a high. Guess again! That’s how you lose money being right.

Tread carefully!

[poway_seller]

anyone who buys a leveraged etf (2x or 3x) and ‘buys and holds’ it thinking that if they make the right call (i.e. buy a double long etf and the underlying index goes up), they will make money is very mistaken. It is very easy for you to guess correctly for the direction of the asset class (like China, Real Estate, S&P500, etc), but have your leveraged ETF LOSE money! Be careful what leverage does to those investments in highly volatile markets.

You MUST average in and out of them to even have a chance to come out ahead.

For example, look at FXI/FXP. (China)

FXI is near its lows (relative to the high), yet FXP which goes ultra (2x) short the China 25 is near it’s low as well and VERY far from the high. One would think that if FXI was near a low that FXP would be near a high. Guess again! That’s how you lose money being right.

Tread carefully!

[poway_seller]

anyone who buys a leveraged etf (2x or 3x) and ‘buys and holds’ it thinking that if they make the right call (i.e. buy a double long etf and the underlying index goes up), they will make money is very mistaken. It is very easy for you to guess correctly for the direction of the asset class (like China, Real Estate, S&P500, etc), but have your leveraged ETF LOSE money! Be careful what leverage does to those investments in highly volatile markets.

You MUST average in and out of them to even have a chance to come out ahead.

For example, look at FXI/FXP. (China)

FXI is near its lows (relative to the high), yet FXP which goes ultra (2x) short the China 25 is near it’s low as well and VERY far from the high. One would think that if FXI was near a low that FXP would be near a high. Guess again! That’s how you lose money being right.

Tread carefully!

[Author]

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