it is either a huge rotation of assets, or forced liquidation,
we will only know later, charts tell the theme of the story,
characterization and plot comes later, for now shorts look
like candy,
as you know hedge fund move massive amount of electronic money,
and through that move us all. All these are computerized of course,
I just got a few lines of a hedge fund computer algorithm
if the daily theme is demand destruction
--> sell oil, gold, fertilizer, infrastructure, base
metals, machinery, seed manufacturers, port operators, truckers,
rails
--> buy banks, brokers, casinos,
home builders, drug
manufacturers
if the daily theme is inflation
--> sell oil, gold, fertilizer, infrastructure, base
metals, machinery, seed manufacturers, port operators, truckers,
rails,
--> sell banks, brokers, casinos, home builders,
home builders, drug
manufacturers
if the daily theme is breakup of Europe
->> short Euro, Buy dollar, buy gold, short france, buy
spain, short germany, buy Malta, hedge Turkey
and you are right, sir, all the more reasoins for my interest in
Brazilizn companies, just imagine you could have a stake in GazProm
knowing that you goverment was unlikely to screw you the way
Russians do,
will that not be a better situation for share holders of PBR
versus XOM, or canadian Oil Sands (also pestered by
environmentalists), or IMO.
also, PBR has ben discovering huge reserves offshore lately.
Anyways I am very bullish on the prospect of the comapny's shares,
and just asked for matt's opinion
matt, PBR is defacto oil industry of Brazil, like Aramco in the
Saudi land, or Gazpropm in Russia,
Brazil, is the only safe place in world where governments are
not hrassing the oil industry, two others (Canada, and US) have
greedy goverments interfering all the time
would you tell us if you are interested and if so track it in
the watchlist
I posted an Elliott analysis of RIG a few days ago, if I am
correct, it is coming ourt of a triple zigzag, and those are like
back up the truck. if I am not correct, well. May God Execute Stops
:-)
another one in the royalty business with good management in
Franco Nevada FNV.TO, I like it fot accumulation, but would like to
know someone else's take on the company
I think I should mention that my confidence level for this trade
is low, and it is my Vegas Money, I still humbly think there is a
good chance for another spike down.
38 - 38.5 on an hourly close basis is good for me, anything
above will invalidate the EW count I posted erlier, I bought some
sep calls when GDX was around 34.5
I think it's great for those who are trapped to get a bounce and
sell, as retail may bid up
but regarldess of CNBC-bozo-the-clown-in-chief, for a
bounce risk rewrd is not bad, if we close like this, 2 days of
outperformance by GDX versus GLD, support is very close, lots of
put to get busted, it may give a good bounce
The community is delayed by three days for non registered users.
was it you who was
PBR
Posted by googool on 15th of Aug 2008 at 12:37 pm
was it you who was urging me to buy it fast, good thing I did not.
it is either a huge
Make
Posted by googool on 15th of Aug 2008 at 05:13 am
it is either a huge rotation of assets, or forced liquidation, we will only know later, charts tell the theme of the story, characterization and plot comes later, for now shorts look like candy,
me too
Operational Guideline Of a Hedge Fund
Posted by googool on 14th of Aug 2008 at 03:38 pm
me too
Operational Guideline Of a Hedge Fund
Posted by googool on 14th of Aug 2008 at 03:16 pm
as you know hedge fund move massive amount of electronic money, and through that move us all. All these are computerized of course, I just got a few lines of a hedge fund computer algorithm
if the daily theme is demand destruction
and you are right, sir,
Posted by googool on 13th of Aug 2008 at 03:28 pm
and you are right, sir, all the more reasoins for my interest in Brazilizn companies, just imagine you could have a stake in GazProm knowing that you goverment was unlikely to screw you the way Russians do,
will that not be a
Posted by googool on 13th of Aug 2008 at 02:20 pm
will that not be a better situation for share holders of PBR versus XOM, or canadian Oil Sands (also pestered by environmentalists), or IMO.
also, PBR has ben discovering huge reserves offshore lately. Anyways I am very bullish on the prospect of the comapny's shares, and just asked for matt's opinion
godd reserves, gov backing, favorable policies, geopolitically safe
PBR
PBR chart
Posted by googool on 13th of Aug 2008 at 01:54 pm
matt, PBR is defacto oil industry of Brazil, like Aramco in the Saudi land, or Gazpropm in Russia,
Brazil, is the only safe place in world where governments are not hrassing the oil industry, two others (Canada, and US) have greedy goverments interfering all the time
would you tell us if you are interested and if so track it in the watchlist
Natural Gas - HNU.TO, HND.TO
Posted by googool on 13th of Aug 2008 at 11:21 am
natural gas (using HNU.TO, HND.TO) seems like it is bottoming in exactly the same way it topped, it's amazing how it grinds
I posted an Elliott analysis
DIG
Posted by googool on 13th of Aug 2008 at 10:52 am
I posted an Elliott analysis of RIG a few days ago, if I am correct, it is coming ourt of a triple zigzag, and those are like back up the truck. if I am not correct, well. May God Execute Stops :-)
RIG a DIG
DIG
Posted by googool on 13th of Aug 2008 at 10:41 am
I RIGged and DIGged
another one in the royalty
Posted by googool on 13th of Aug 2008 at 09:37 am
another one in the royalty business with good management in Franco Nevada FNV.TO, I like it fot accumulation, but would like to know someone else's take on the company
CSIQ taking a beating
Posted by googool on 13th of Aug 2008 at 09:29 am
CSIQ took a beating, are you still in favor of it in the range?
I think I should mention
GLD
Posted by googool on 12th of Aug 2008 at 03:39 pm
I think I should mention that my confidence level for this trade is low, and it is my Vegas Money, I still humbly think there is a good chance for another spike down.
38 - 38.5 on an
GLD
Posted by googool on 12th of Aug 2008 at 02:47 pm
38 - 38.5 on an hourly close basis is good for me, anything above will invalidate the EW count I posted erlier, I bought some sep calls when GDX was around 34.5
I think it's great for
GLD
Posted by googool on 12th of Aug 2008 at 02:22 pm
I think it's great for those who are trapped to get a bounce and sell, as retail may bid up
but regarldess of CNBC-bozo-the-clown-in-chief, for a bounce risk rewrd is not bad, if we close like this, 2 days of outperformance by GDX versus GLD, support is very close, lots of put to get busted, it may give a good bounce
last time round, I had
The hint of the century?
Posted by googool on 12th of Aug 2008 at 01:48 pm
last time round, I had a wonderful time with FOSL, have not paid much attention to it since I covered the shorts, may be I should
Hint of The Century
The hint of the century?
Posted by googool on 12th of Aug 2008 at 01:40 pm
what is he hinting, that these are shorts, longs, or ....?
Yes, one would want sold
Gold sentiment
Posted by googool on 12th of Aug 2008 at 01:37 pm
Yes, one would want sold out, not oversold.
DIG - Elliott
I can't wait to see the commercial net short this ...
Posted by googool on 12th of Aug 2008 at 12:03 pm
very likely, it's doing an abc zigzag, in its 5th wave, be patient, at least a 32% bounce can be seen soon
matt, forgive my ignorance, what
DIG
Posted by googool on 12th of Aug 2008 at 11:42 am
matt, forgive my ignorance, what do you mean by "pounding out a bottom"?