Agree with you on mkt, but I look at TBT as an interest rate
play, ie hyper inflation at some point, so treating it like a gold
hedge. I peeled off a little Friday and stop definitely set on
rest. But do feel like it could see 70 at some point, but yes for
sure could see 36 again before. But I hope not. LOL
I'd be careful chasing it here for a short term trade. I'm long
from 36ish but I bot for a 2-3 year trade with my core amount. Some
resistance at 42-42.50ish
Posted by racerick on 26th of Dec 2008 at 10:34 am
I think best way to play DXO, at least what I'm doing is to
slowly build a position down here with an idea that you may have to
hold for a year or 2. Good way to maybe make some extraordinary
gains on a nice dollar cost averaged position if you can afford to
sit on for awhile
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TBT
TBT
Posted by racerick on 5th of Jan 2009 at 02:14 pm
Agree with you on mkt, but I look at TBT as an interest rate play, ie hyper inflation at some point, so treating it like a gold hedge. I peeled off a little Friday and stop definitely set on rest. But do feel like it could see 70 at some point, but yes for sure could see 36 again before. But I hope not. LOL
TBT
TBT
Posted by racerick on 5th of Jan 2009 at 02:04 pm
I'd be careful chasing it here for a short term trade. I'm long from 36ish but I bot for a 2-3 year trade with my core amount. Some resistance at 42-42.50ish
TBT
Posted by racerick on 5th of Jan 2009 at 01:35 pm
TBT giving us a little spike higher
BC
BC
Posted by racerick on 31st of Dec 2008 at 03:57 pm
Nice chart, keep close eye on it, lot of times will come back to retest BO. So if you can pick up little closer to 4 may be worth a shot
Gotta love thin markets
Posted by racerick on 31st of Dec 2008 at 02:37 pm
uso up 20% from premkt
Posted by racerick on 31st of Dec 2008 at 02:28 pm
USO wild
Posted by racerick on 31st of Dec 2008 at 02:13 pm
Dropped a point in 3min and now back up .75 in 3min
SPY at R2
Posted by racerick on 31st of Dec 2008 at 02:03 pm
Is there some news
Posted by racerick on 31st of Dec 2008 at 01:58 pm
USO
Posted by racerick on 31st of Dec 2008 at 01:46 pm
USO unbelievable move since pre-mkt this am
Welcome back RP
Posted by racerick on 31st of Dec 2008 at 01:00 pm
AAPL
Posted by racerick on 31st of Dec 2008 at 12:58 pm
AAPL having little spike here
Mkt
Posted by racerick on 31st of Dec 2008 at 12:52 pm
Market strong, not wanting to gve up anything so far
Bonds finally getting hit pretty
TBT
Posted by racerick on 31st of Dec 2008 at 12:16 pm
Bonds finally getting hit pretty good today
TBT
Posted by racerick on 31st of Dec 2008 at 12:12 pm
Having good day
AAPL
Posted by racerick on 30th of Dec 2008 at 12:49 pm
Anyone see any AAPL news?
USO
Posted by racerick on 26th of Dec 2008 at 11:36 am
USO making nice move here past few min
AAPL
Posted by racerick on 26th of Dec 2008 at 10:42 am
sheesh, covered my aapl short when it got back down to R! and my 200ma in 1 min. Sliced thru both like hot butter.. Trying to bounce a little now
X
Posted by racerick on 26th of Dec 2008 at 10:39 am
X rolled over hard
DXO
Posted by racerick on 26th of Dec 2008 at 10:34 am
I think best way to play DXO, at least what I'm doing is to slowly build a position down here with an idea that you may have to hold for a year or 2. Good way to maybe make some extraordinary gains on a nice dollar cost averaged position if you can afford to sit on for awhile