Agree with you on potash, not enough conviction to short though but enough to realize that it’s running low enough on steam to be done with it… I took the profits after a minor 5% gain at the end of last week, which is plenty for me in this market and more of a hedge for SMN anyways. Did that while also going long CF to maintain a little minor hedge. Now recently I took CF off the table as well with also roughly a 5% gain… Today didn’t neccesarily confirm that the market will continue downward, but it gives me more conviction that it will remain downward for another week.
I’ll look to lighten up on the short side sometime this week, begining the process of moving neutral, and then we’ll see from there.
Saw your post earlier, damn you’ve been picking good lately, do you always pick that well?
Looks like selling FSLR and buying TSL is already paying off for you… wow look at that go. It always amazes me how solars can move so much when market is flat.
I prefer oil stocks on a pullback rather than a breakout, but must admit RIG looks very nice,
Visa I like, might buy some tommorrow.
You’ve definately earned my respect today RC
I consider myself a good trader who can make a good call and ride it out every now and then, using swaps to keep me in my winners long enough. But IBC’s making them look insignificant and making me go practically unoticed. Can’t help but love IBC.
Can’t beat em join em, so I guess I have to start tagging along on some more picks.
Good poker player always knows when he’s outmatched…
Earnings should be only one factor for not shorting this stock at the moment. The other factor is the stock breaks out of the big wedge formation on the upside. RC, I am going to hijack this thread to add to my personal study.
Exactly…
They are in Saskatchewan for God’s sake!
POT looks like a risky short until it has broken 175-177
Looks way too early to go short on a high flyer like POT.
Never under-estimate the Bulls to take it higher from here.
just my opinion.
f –pot—f LEH–F MEr–and F any bull—Nice call again —Die pot
Don’t short POT.
I just bought pot. No really, I just bought a bad. This shit is purple with orange hairs all over it.
Up with the hope…Down with the dope!!!
Agree with you on potash, not enough conviction to short though but enough to realize that it’s running low enough on steam to be done with it… I took the profits after a minor 5% gain at the end of last week, which is plenty for me in this market and more of a hedge for SMN anyways. Did that while also going long CF to maintain a little minor hedge. Now recently I took CF off the table as well with also roughly a 5% gain… Today didn’t neccesarily confirm that the market will continue downward, but it gives me more conviction that it will remain downward for another week.
I’ll look to lighten up on the short side sometime this week, begining the process of moving neutral, and then we’ll see from there.
Saw your post earlier, damn you’ve been picking good lately, do you always pick that well?
Looks like selling FSLR and buying TSL is already paying off for you… wow look at that go. It always amazes me how solars can move so much when market is flat.
I prefer oil stocks on a pullback rather than a breakout, but must admit RIG looks very nice,
Visa I like, might buy some tommorrow.
You’ve definately earned my respect today RC
I consider myself a good trader who can make a good call and ride it out every now and then, using swaps to keep me in my winners long enough. But IBC’s making them look insignificant and making me go practically unoticed. Can’t help but love IBC.
Can’t beat em join em, so I guess I have to start tagging along on some more picks.
Good poker player always knows when he’s outmatched…
nice hand, sir.
Short before earnings? Sell the news play?
When does POT report?
I may have to change my stance
reports 4/24/ before open
gutsy call shorting/
would not short till earnings released.
Then would still be hesitant.
T
deleating posts that don’t agree with your view…that’s gay.
What’s is the use of having a comments section if you only leave up the posts that compliment your views?
?
nothing was deleted
I made a post suggesting that POT was a better long than short and explained my reasoning. Now it’s gone. Oh well, my apologies.
But I agree with the others above that POT would be a dangerous short.
never saw it. Now that i know POT reports next week, I no longer want to be short, will look to sell my puts tomorrow.
So I agree, it could be a dangerous short.
Will you gheys give up trying to call a top in ag? Jesus.
Earnings should be only one factor for not shorting this stock at the moment. The other factor is the stock breaks out of the big wedge formation on the upside. RC, I am going to hijack this thread to add to my personal study.