Ok, oil has been dropping, and as a result, the sector has been lit aflame and tossed by the side of the road. But it’s more than that. This rout is causing panic in a wide array of areas.
Look at fracking sand companies: SLCA, EMES and HCLP.
Look at the rails, god damn it: ARII, GBX and TRN.
Look at shipping: DRYS, BALT, GLNG, CPLP and SALT.
Even airlines are getting clobbered. Perhaps their hedges are now hurting them? SAVE, RJET and ALGT.
The only sectors that are behaving are wine/alcohol, REITs and utilities.
Over the past month, over 1,300 stocks are down more than 10%, while just 220 are up 10%.
This market is dreadful. It is following the path of 2000. Damn it, I was right and now we’re all gonna die.
NOTE: I think the market is a buy…on Friday.
Still 30% cash. Largest holding is ETR.
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could be worse (extra ARWR)
in BALT up to my eyeballz…
BALTz deep?
tried to get in front of the seasonality BDI rate spike on this only to be ass-fucked!! I can t fucking win
So, you actually listened to advice from this place and bought BALT?? #getwhatyoudeserve
no advice from anyone here…been watching it for 2 years..look at the chart
Fair enough Mister Duck. Was just curious.
like STZ if it can hold 85 through all of this carnage
Vix matches its high of 18 from 10/02 but can’t get past it…First bullish sign I see today
Liquor stocks doing so well because of all that revenue I’m sending their way this weekend. I’m long like a quarter of the stocks you mentioned, plus more…
Its about time. Oil price was with everything else held up by the who the hell knows. The GREAT RECESSION and still at 100 was unrealistic. If it gets to 40 would be great and unmolested by the fed and powers that be.
I hope no one faded my PCLN puts purchase from Monday’s open. 🙁
Nobody gives enough fucks about you to fade or follow anything you do. Your trades, like your life, suck.
Isn’t there a highway you need to go run around on or a short pier you need to take long walk off of?
Blech, be gone already.
You’re very angry for not giving a fuck.
No. You are just very annoying. Please forgive me though; now do tell all of us about your 2 shares short of PCLN. It is of earth shattering importance that we all have this news thrust upon us.
In these times go to retail.. RL
I am back long again….looking for a double bottom. My thesis is still intact, which is that we run into earnings.
Dat break tho:
http://imgur.com/zCnuHru
SPY hasn’t broken yet….we’ll see.
http://imgur.com/iKyHp6I
I look more at price support than trend lines.
Wheres yer chart now SON
LOL Throw those charts away…
Bullish trend.
http://3.bp.blogspot.com/-AACwUuPsy0k/VDV18EEu1wI/AAAAAAAAAYw/nuJuMqg5W7M/s400/dow%2Cspy%2Cqqq.jpg
http://2.bp.blogspot.com/-9oLU7cKXZ90/VDV18MT66jI/AAAAAAAAAYs/4JUj-BWoDAs/s1600/iwm.jpg
IWM needs close below 106.29 on weekly basis to confirm breakdown and even then it does not have support of other indices, so it is more likely to fail that if it did.
Short AAPL. Here.
So you look at Friday as a very short term lift?
lol, great pic
fed meeting minutes are going to be fun. Could see the shorts getting fried. The fed under Bernanke loved to do that to the bears.
Seasonality is terrible for Crude this time of year. Maybe there will be some good bargains in some of those names come January
I have to buy Mcdermott (MDR) when its down 9% in one day after already down 42% YTD…seasonality or no seasonality
Question: Could we (U.S.A.) be releasing oil from the SPR to fuck with Putin?
We don’t have enough oil to cause it to do what it’s done.
Fed’s here, party’s on!
I hope you are not posting because you are buying extreme prejudice
THIS IS WHAT YOU CALL STEADY PIMPIN…..DONT YOU EVER DOUBT ME.
made all of yesterdays losses back and now letting ’em run. GIT IT.
Its nice to be reminded what the color green looks like, isn’t it
Yes it is, yes it is…..yesterday hurt but i had confidence this reversal was coming… we should run through next week.
Lucky you dumped ARWR boss man.
http://youtu.be/LpFX_E3Q0LA?t=20s
FLY you getting back in! The FED induced cocaine party is back on let’s go do blow off a strippers ass
Everyone go your mom some ALNY shares she’ll love you for it
Yellen for another round of fed coke!