Greg Pinelli

Shorting to Take Advantage of Overbought Market

Paul...tighten up the whole deal...very "short" term trades have very large error profiles....You like gold?..Then tell us some medium term (3-6 mos) trading patterns that make sense for someone other than day traders.....
Keep at it....


On Jan 05 01:42 PM Paul Singh wrote:

> Sure things can get more overbought. However, nothing goes in a
> straight line. I expect a pullack, and am playing it.
>
> If you read closely you will see that this is a *very* short term
> trade. Please understand the time frame I am using. I am bullish
> on a longer time frame, as the charts I posted indicate.
>
> During the period you are talking about, I made some excellent short
> term trades using the T2108 when it reached *extreme* oversold readings.

Shorting to Take Advantage of Overbought Market

With no disrespect intended.since you obviously put sometime into this..but remember last October..and then November?? Almost everything was oversold..and then it became very much oversold...See all those straight lines in the RSI (taken from StockCharts.com)..that... the fallacy of linear projection...and it's how investors get whipsawed..
I'm not saying charts aren't useful..but it takes MUCH more than that to understand markets. Broader turns in certain equities..and we are seeing them in spades..are very useful. Look at the charts for LINE..SLV...AUY...for my money we are going to see a sharp hairpin turn in these and many other stocks.....

Some True Safe Havens Are Still (Surprisingly) Undervalued

Marc Anthony continues to pump recommendations made on this site on various message boards for individual equities..SWC is the most obvious one. He doesn't use his own name..he presents his views under the phony "tellurium." Marc is deceptive and self serving. I've been reading his inept and misleading posts for many months. Following his reasoning and advice is a direct road to insolvency.
NO INTEGRITY..NO HONESTY...Avoid this hat wearing half wit like the plague.
ALSO..ANY TIME ANY WHERE...IF HE WANTS TO CHALLENGE ME ON THIS SITE THEN LET HIM MAN UP!!!

Some True Safe Havens Are Still (Surprisingly) Undervalued

Mark Anthony is a complete scam and total phony...he has been pumping equities (SWC...PAL) on message boards under a different name and attempting to present himself as an impartial investor. Beware of this bum..and of Alpha..I've been warning for months about their lack or oversight and integrity and those who have in good faith listened to the many..innumerable..."r... that Mark Anthony and Alpha are without either integrity. I will continue to post and warn the readers of these low lifes..Anthony is the WORST!!!!

Some True Safe Havens Are Still (Surprisingly) Undervalued

This is a moron alert..Mark Anthony goes on various website equity blogs and under pseudonyms pumps or trashes those equities..his remarks, of course, are as inane as his Alpha Posts. This louse is as phony as they come..and the garbage he puts out is useless. Alpha needs to do some due diligence.
As for the fawning, sycophantic nonsense of JKCetc...SWC is a Russian owned, major league underperformer. Anthony routinely goes on that message board under the name tellurioum and pumps the stuff. Look at a chart..and you tell me this clown with a stupid hat knows what he's talking about.

Roger Wiegand, Part II: Commodities Provide a Hedge in Turbulent Times

So queztlwhatever..you CAN generate enthusiasm for what??? Maybe we should collect Aztec artifacts..or Mexican pesos?? Please advise amigo....

Why I Am Cutting Back on Commodities

Fundamentals always mean something..apparently you can't decide what they mean. Since you're "utterly confused" I can't imagine why anyone would follow your advice. This is more than business as usual for Alpha...so you must feel completely at home!
In any case..those of us who aren't in a tizzy suggest that investors keep SLW and BTU...and certainly add CDE..which will..in spite of recent difficulties..be the star performer of 2008. Good luck with your funk....

What's Happening With Crude Oil?

The problem with looking at minutiae is that commentators are clueless about fundamentals and longer term trends....so Zman can't figure much out about the bounce in prices??
...There are only two real factors that influence the market today and for the next few years..Geopolitical uncertainty (and it certainly doesn't include the naive George Bush invades Iran nonsense) and the Godzilla of all denials...depletion.
Mexico is beginning to admit that it will soon (within 5 years) deliver 500,00 less barrels per day to the US. This will be a common theme in the industry for years to come. Reserves that never existed..reserves that are depleting 30-50% faster than projected...a dismal outlook for discovery...and...the eventual recognition that ethanol development is severely limited..and oil sands are more destructive than anyone admitted. Welcome to the future..and if you're willing to make a short term bet based on the kind of reasoning I'm reading from Zman..please have some portfolio insurance..because you are in for a reaming. Can demand destruction outrace depletion?? You won't get that level of the debate from lightweights....