Long [[XTO]], Short [[DE]]
Update: Short everything!!
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Joined Jan 27, 2008
7,405 Blog Posts
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We might bounce open tomorrow.. close to oversold – watch your shorts
XTO’s buying interest today is huge!!
I also see buying interest from a “loaded mofo” because i see a “try to get Joe to sell strategy” for FXP. And then bham “a uniform buy is placed. All under some price is whipped into the mofo’s safe.”
natural gas numbers tomorrow
IG, what you think of GGB now ? and TRA ?
I think only a plummet caused by collapse of LEH or something on earnings will allow this market to hit an oversold bottom and rally… Otherwize we’re in for an “avalanche” market this summer…. the ice is crumbling.
and even if LEH collapses, we still could be in for a bear summer
I would hold off on GGB now, to me it would be a gamble. Brazil’s strength might give into the global cold. I have no interest in TRA personally. The breakout may have some momentum left, i dont know. I dont give specific advice if I am not trading it. And my speciality is only short term.
Mrs. Fibo say’s GO on the Green Tractors!
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Die DE, haha!
Holy shit PCLN, why didn’t I add to my winners earlier today?!?! Short the solars to hell.
Thanks again RC…shit you’re good…you saved an otherwise bad day for me with your DE call…loaded up on .95 puts and got out at 1.2
wow, LEH is “waterfalling” down, I’m watching the streaming chart crumbling before my eyes… cool!
PCLN and CNH are just shitting on the faces of the innocent.
You want Costanza?
Buy GS at $157, then short the shit out of it again at $180.
I bet even Dooc would like that one.
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DE to zero. Mrs. Fibo don’t lie.
Why is everyone down on DE ? I am tempted to buy on the dips with DE. I see a good future for DE.
My picks for shorts are LL and FCEL.
LL, the expanded into the UK just when the UK housing industry is busting. I am long LL longer term though.
FCEL, they do not make money, and are riding the coattails of alternate energies. Burn rate is too fast, they will need more funds in about a year.
??