My concern right now is this "bad bank" the goverment is
thinking about. If they take all the bad stuff then you do
not have a "True Free Market" therefore nobody could answer your
question.
All charts were based on "No Goverment" take overs so had to say
IMHO
Posted by junkmaylbox on 28th of Jan 2009 at 03:56 pm
I use no margin in trading. However, if SRS gets to 25, I'll use
all of it. That would be a trade of the year (a 5 bagger at least).
I hope you are right :-)
Posted by dylan398 on 28th of Jan 2009 at 04:05 pm
checkout the charts of DIG and DUG.....DIG was well over 100
when oil was over 100/barrel....DUG was 25......
now look @ the charts oil is @ 40/barrel DIG is @ 29...DUG is @
22.65....you would think it would be 3 fold that....be
careful...SRS may double again....but from a much lower price....I
use these ultra ETF's only for short term trading...days...maybe a
week....but averaging in can be painful..
Posted by junkmaylbox on 28th of Jan 2009 at 04:17 pm
I know what you mean here. Yes, I am not going to hold SRS or
SKF for longer than a couple of weeks. The period of consolidation
was not lengthy, so this upside move does not much power in it, in
my opinion. I am prepared to be proven wrong here, of course. I
will have to sell then and enter at a lower price.
SRS
Posted by dylan398 on 28th of Jan 2009 at 03:37 pm
is SRSa buy here @ 50?? or are we going lower....
My concern right now is
Posted by cspirit on 28th of Jan 2009 at 03:41 pm
My concern right now is this "bad bank" the goverment is thinking about. If they take all the bad stuff then you do not have a "True Free Market" therefore nobody could answer your question.
All charts were based on "No Goverment" take overs so had to say IMHO
I bught some SRS today.
Posted by Michael on 28th of Jan 2009 at 03:40 pm
I bught some SRS today. If it goes lower I'm buying more. Started SKF, QID and SDS too. Maybe we go to 900, but I'm scaling in from here. I can wait.
thats a lot of scaling.....SRS
Posted by dylan398 on 28th of Jan 2009 at 03:42 pm
thats a lot of scaling.....SRS doesn't act like a stock and if it breaks down it potentially measures to 25...
I use no margin in
Posted by junkmaylbox on 28th of Jan 2009 at 03:56 pm
I use no margin in trading. However, if SRS gets to 25, I'll use all of it. That would be a trade of the year (a 5 bagger at least). I hope you are right :-)
SRS/URE...compare to DIG/DUG
Posted by dylan398 on 28th of Jan 2009 at 04:05 pm
checkout the charts of DIG and DUG.....DIG was well over 100 when oil was over 100/barrel....DUG was 25......
now look @ the charts oil is @ 40/barrel DIG is @ 29...DUG is @ 22.65....you would think it would be 3 fold that....be careful...SRS may double again....but from a much lower price....I use these ultra ETF's only for short term trading...days...maybe a week....but averaging in can be painful..
yeah - thanks dylan --
Posted by Michael on 28th of Jan 2009 at 04:31 pm
yeah - thanks dylan -- perhaps SRS is the wrong vehicle.
I know what you mean
Posted by junkmaylbox on 28th of Jan 2009 at 04:17 pm
I know what you mean here. Yes, I am not going to hold SRS or SKF for longer than a couple of weeks. The period of consolidation was not lengthy, so this upside move does not much power in it, in my opinion. I am prepared to be proven wrong here, of course. I will have to sell then and enter at a lower price.
Sounds like Oil below $30
Posted by cspirit on 28th of Jan 2009 at 03:57 pm
Sounds like Oil below $30 trade .. Keep me posted
Sure, _if_ we get there.
Posted by junkmaylbox on 28th of Jan 2009 at 04:04 pm
Sure, _if_ we get there. That would take $djr is 200s, levels not seen since September.
maybe - but these are
Posted by Michael on 28th of Jan 2009 at 03:51 pm
maybe - but these are position trades. I know they're going up within months.