I added 20,000 WNR to the arsenal.
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,449 Blog Posts
nice
It’s too bad the V.King was bannished, I sometimes see apparations, ghost-like, of his likeness here.
Doubled down at 16.01 earlier today.
Next window to go long is when Cnbc hosts cry “Those quotes can’t be right,shut it down!” in an “octobox”,like during last flash crash
Until then, be 100% short, or be prepared to take a 30% haircut, overnight, at any moment.
I was bullish as recently as March 14. But, there is no way in hell we avoid a flash crash here.
But, I do agree, oil sector should be the most stable. The entire mideast is in full blown apocalypse right now.
http://www.denphone.com/denphone-tokyo-office-geiger-counter <—- The fed can't do ANYTHING to manipulate this chart
Until then, be 100% short, or be prepared to take a 30% haircut, overnight, at any moment….
…Care to tell us when “then” is?
Flash crashes don’t happen every year.
Interesting about upping Refiner Play, For today a battle royal for eur/usd 1.4200 was won by the bears even though the market went crazy on tech. US Dollar Index is also holding that 23.6% support of 2008 lows and 2009 highs. Copper is going right into the resistance problems of Feb….OZ has had heavy buyers, but it is going into resistance too at 1.0250ish. Yes, the flash PMI last night out of China said Inflation is not an issue and everything is Great. But, I am still shaking my head and looking at the Oil, etc going crazy and normally that pisses off China Govt that subsides Gas Prices over there. ..we will see tonight if Asia joins our “why worry” party we are having here and in Europe.
thats funny,just the other day eu bankers and analyst claim china will still do a brisk 8% this year regardless of a possible increase on inflation.
They can predict it, but its the China Govt that decides how brisk its going to be.
I’m long WNR April 17 calls, avg cost 0.87. Giddyup!
I am long with 150 WNR APR11 15C (+45%) and holding
Equivalent of 15,000 shares… nothing comparable to his majesty Mr. Fly, who I thank for the hint.