I still have full positions in AG and EXK and a large cocked one in WNR. Today’s reversal is very tempting; but I am opting to refrain from buying in just yet. It’s important to remember how margin liquidations work. This isn’t simply a case of jitters. This is forced selling and may persist for another week or two—thanks to the homosexuals at the CME.
My 50% cash position allows me to sit back and relax. Plus anyway, my current roster of stocks are so volatile, it’s driving me crazy. This is no way to go about life, worrying about murderholes and subsequent pits of fire. My 50% exposure invested in lunatic silver and refinery stocks is equal to being fully invested.
If you enjoy the content at iBankCoin, please follow us on Twitter
Still long and strong $EXK.
SMOKE TIME.
ERY???
Oh my Rod, $WNR! BTW: $RAI pays nice dividends and will continue to erect new heights! Try a lil’ south’n chaw with your’ll fuel! DISCLAIMER: buy this and the First Baby (Lady) will declare herself Sec. of Health and Ag., could regulate all “sin-sector” corporations (like a good nanny) and you might loose [sic] your foodie money.
The First Baby!
ROFLMAO!!
______________
Well, …, she does shake her money maker! Haha.
I thought it was First Baby Momma.
First Grinch
Arn’t you counter acting your trades with ERY and WNR?
Your short on energy but long on oil…..
It’s like having a loaded gun without the strength to pull the trigger.
QUESTION:
HOW IS SLV, PSLV AND ZSL ALL DOWN AT THE SAME TIME?
(laughter) Did you look at the forward months being traded this morning in silver? Talk about crazy.
One month, $31 and ounce. Next month(s), $35. Month(s) after that? $31 again.
I just called Doug Henning (okay, it was a seance) and he said:
It’s awwllll and illluuuuuuusion.
___________
fuckery by convergence
I am trying to understand this. I don’t understand how AGQ and ZSL are both from ProShares and both negative (-4.00%, -6.68%), although I don’t understand the magic that goes on with these funds. I’m in Canada land and so I trade HZU and HZD on the TSE (both from Horizons) and they seem pretty good at being very close to inverse to one another within 0.1% whenever I see them. Maybe they are either playing the game perfectly (or symmetrically) or eating their imperfections whereas ProShares is passing the buck?
PSLV I can understand doing its own thing since the premium over NAV is large and can fluctuate.
(BTW my first post, fascinating site!)
How did that ERY work out ? And geez , this fraud in JST must be stoppped .
Just finished building a large position for a client in UAN .
Banned
Come on little US Dollar…lets hold 75.00 support.
The support you want them to hold is $75.22, love.
________
can go to zero for all i care.
Damn those Chinese and they’re hording of copper and Indian Wingnuts!
Dearest Jake, I am happy just to see it over 75 🙂 I am actually watching for a resistance hold of eur/usd of 1.4315…….Bullish, lol, darn this bubble…they really are at the point that they can’t push up the Metals market anymore, maybe that is the magical pin that pops it?
Plus, the 75.00 support is a test of April 13 high…
Jake, I also a strange caculation that I created. On it, I have a resistance of Advance-Decline of NYSE volume resistance at 289,000,000 ..so we have little gas for a move up for the rest of the day, fwiw.
omg I should proof read…”have a strange caculation”,that I created.
This strange calculation has had you short since April 2009. Perhaps you should tweak the equation a bit.
Po Pimp, that is just intraday movement of the bots that I noticed….nothing to do with what causes a buble to pop….Once the bubble pops I can really finally understand what a top feels like. Many of you can see and smell them, but I didn’t see it in 2008 so I have to learn the hard way, ouch.
In soviet china,
copper smelts you!
Anyways—
Looks like a high volume bottom being printed in JJC copper today. That could cause SLX steel sector to outperform, in sympathy–next few weeks
Pana…Not if US Dollar can hold support. Fridays are normally “risk off” days for the Foriegn exchange markets. We will see….
btw, lol, do you know the China Govt gave Unileaver a hefty fine because they said that they could raise prices in the near future…lol….darn those Chinese and their fear of Inflation.
Fuck them all.
Long ALJ, AGQ, DGP, and CGR.
/haironfire
Cue Howard Dean scream.
______
V.King it…
http://new.music.yahoo.com/mann/videos/view/buzzin-f-50-cent–221538063
Scared money don’t make no money
http://www.youtube.com/watch?v=IWmXC_w7zzw
I thought you sold EXK??
Yep, me too. So hard keeping track of Fly buys/sells and Fly client buy/sells. These dips are algorithms taking out the stop losses. The US economy is terrific.
Only for personal
WNR Is going to go HARD into close. It’s going to 17.
Note: I have no clue what I’m talking about and when you see people post XYZ going to $X you should take it with a grain of salt.
That is all.
grain of salt taken w, tequila and a lime
just completed cutting ore holes in yacht, now to find immigrent labor to row. also must learn to make my own margaritas.
If you have immigrants rowing for you, why would you even dream of making your own margaritas!? That said, a mojito is probably a better bet.
lol was just kidding, i know how to make margaritas,
mojito is a sunday drink 4 me.
plus i cant afford mo-jito now, only less-jito
bin Ladens are easy to mix – 2 shots and a splash of water.
lol
‘the homos at the CME’ – Classic Fly. You ROCK sir.
sir fly have u looked at lvlt? just looked at an account i have with that in it,, wow, was left for dead. my cost 1.24
Raz, you held that lvlt for 4 years ???
2 1/2 i think..
5/20/09
im also not sugesting to buy. there debt sucks
bb, i bet he still has inotron HAHAHAHAHAHAHAHA
Crap, about 4 for me from Cramer.
hum, 4+ w/ jimbo
ment dollars4+
also have celh in that account, what a loser that 1 was…it is that drink that u lose 100 cals buy drinking, they didnt mention how many dollars u would lose by investing!
fuckin i got lucky on that POS after the reverse split.it took off, then so did i. that was shill if their ever was one.
Well we are at Jake’s 75.22ish level, but it is now support on the US Dollar. We have German and EU GDP data and Jean Claude speaking tonight…so far we are holding my 75.00
I mean resistance on the US Dollar…I am so lame.
As Porky Pig would say. Da da da da dats all folks! Spike over! Time to smoke a cigar.
When in doubt, have a Graycliff or a Padron.