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  • QuickChat #192, August 9, 2011 186 comments
    Aug 9, 2011 11:10 PM


    "The Green Man" by stan bruns
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Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

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  • siliconhillbilly
    , contributor
    Comments (2699) | Send Message
     
    SA article on Exide. Good observations on lead prices vs profits.

     

    seekingalpha.com/artic...
    9 Aug 2011, 11:25 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (XIDE): I like the discussion with some insights into how customers react to lead price changes and the target price of $14 - sounds good to me!

     

    Thanks for the like Sihibi!

     

    HardToLove
    10 Aug 2011, 09:16 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (XIDE): Jefferries conference presentation available now.

     

    wsw.com/webcast/jeff57...

     

    HardToLove
    10 Aug 2011, 09:32 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Jim Cramer (who?) made a comment I think bears some truth. He said the machines (seekingalpha.com/symbo...) we responsible for the move up yesterday. I believe they helped the PPT et all. I just cant see the market moving that fast with regular buyers suddenly deciding this is an up market so I better get in.

     

    Most investors and even mutual funds could not have reacted that fast. Someone was setting ready to rock and roll when the signal was given. Of course Machines could certainly have reacted that fast and added to the speed that the market surged.

     

    Imagine if the PPT et all had the codes the quants use and they bought the right stuff to fake the quants in to buying like hell along with the PPT et all. Just my copper collander glowing red hot possibly but that was like light speed yesterday and in everything.

     

    Every day something else about this market makes it even more frightening. What we saw yesterday just scares the retail investors away that much faster.

     

    HTL we need you to start working on a "renegade quant program" just so we can keep up!!!! LOL
    10 Aug 2011, 09:15 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    Before code must come understanding. Still working on part 1.

     

    HardToLove
    10 Aug 2011, 10:40 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    At this point it appears everyone else is working on part 1 too!!
    10 Aug 2011, 10:45 AM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    Here we go again. Dow Minis down 256.
    10 Aug 2011, 09:24 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    4 days out of the past 5 its been chaos. Hair is thinning rapidly going from gray to gone.
    10 Aug 2011, 09:45 AM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    DG: It's OK. I hear stress-related hair loss is one of the few varieties that is reversible!
    So what exactly is your HAIR/DJIA ratio ATM, anyway?
    10 Aug 2011, 09:50 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Down 20% and falling.... on the floor, in the sink, in the shower, car seat, pilllow... etc......
    10 Aug 2011, 10:47 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (XIDE): In spite of the market downdraft this A.M., Xide pps has challenged the resistance at the bottom of the gap of 8/8, $5.17 with a high so far of $5.14. The typical intraday trading has a down move very early in the day followed by a big push up, some flattening and putzing around and then vacillation as the day progresses.

     

    If this pattern holds and we push through that $5.17 and fill the gap at the next resistance of $5.30 (low of 8/5), we could then be free to start a reversion to the mean of the recent down move.

     

    I can't put a precise number on it because it started with a trend down and then went parabolic on the Q report. But I would guess we could see $5.85-$6.00 *if* the general market doesn't immediately enter an extended move downward.

     

    HardToLove
    10 Aug 2011, 09:48 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Dow coming back, maybe it was a quant fake. LOL
    10 Aug 2011, 09:49 AM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    Still sticking with shorting the markets...600 point swing made no sense..SAY MANIPULATION??

     

    ACEHART
    10 Aug 2011, 09:56 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    This is like riding "Son of Beast" at kings Island. yeee, ahhhh, yeeee, aughhhhhhh, yeeee, auuggghhhhhh, aaaaaaauuuuuuggggggghh... yeeeeeeeeeeeeeeeee,
    10 Aug 2011, 10:00 AM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    From Barron's Market Lab:

     

    online.barrons.com/pub...

     

    As of last week, Fear is sorely lacking, as Investors follow the lead of the Pundits.
    10 Aug 2011, 10:18 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Call this a "Hope and Change" market.

     

    Hope up...Change down.
    10 Aug 2011, 10:26 AM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    Unbelievable, Bad Penny time I guess.

     

    "i'm gone, won't be back."

     

    Another in a string of falsehoods.

     

    Whether its ESLR or CPST, both move up and down based on Energy prices.

     

    What part of a Global Growth Slowdown/Recession escapes?

     

    I currently see Sub-$70 WTI and Analysts have yet to begin a serious list of downgrades based on a Global dip/recession.

     

    I have "forever holds", But for the present, If its not paying a good dividend Good luck with the Trading.
    10 Aug 2011, 10:30 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Thumb thingy running slow today. Nothing wants to go up.
    10 Aug 2011, 10:39 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (CPST): Watching SPY, saw what I thought was an EWT wave 5 complete followed by an ABC correction with a triangle completion. Being realy very ignorant about EWT, it's risky for me.

     

    Decided to roll with it and bought CPST 2K @ $1.16 (low so far +3 cents) with a target today to sell around $1.20.

     

    Unfortunately, so far, CPST stopped tracking the SPY directional moves - but I think I'll be OK. CPST normally hits lows around 10:30ish and then reverts to the mean later on. So unless market just goes down and drags Cappy along, I think I'll get something better than a swift kick out of it.

     

    Right now, bid/ask volumes suggest moves up in the works.

     

    Stop-limit w/b $1.10, $1.09.

     

    HardToLove
    10 Aug 2011, 10:50 AM Reply Like
  • thistimeitsforreal
    , contributor
    Comments (442) | Send Message
     
    HTL... do I understand your post correctly? You bought 2000 shares of CPST, waiting for it to elevate just $.04 and then looking to sell the same 2000 for a profit of $80? Why would you do such a thing for such a small return??? With the consistent downtrend of CPST by itself and along with the market these past few days and weeks the chance of it dropping further has got to be the same or greater than it jumping back up to $1.20. Seems like big risk for little reward to me.

     

    It took me a long time to buy CPST hoping for a bottom, but clearly it still had room to fall, but now I'm in at the very least for a few days. I got in at $1.21 and $1.25 is not my sell price. If the decent report has any legs at all this stock should get back into the 1.30+ range with the next good market day. Why sell at $1.20? Makes no sense to me.
    10 Aug 2011, 01:43 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    And i thought the horse racing industry was crooked. The more i watch these 600 point swings in an hour the more i get on the phone and buy more race horses !!!!

     

    I know i am only watching this for 2 years but it feels like a lifetime. I think i am at the circus with all these magical tricks they can pull.

     

    Sooner or later this game has to end, BADLY!!!

     

    4real wrote i was timing the market by shorting it. Well if i honestly believe the market is tanking then it is called investing!!!!!

     

    Well see in a few weeks where this market settles but i will take the daily gains ( LOSES IN MARKETS ) as i have for close to 8 weeks now!!!

     

    ACEHART
    10 Aug 2011, 10:59 AM Reply Like
  • thistimeitsforreal
    , contributor
    Comments (442) | Send Message
     
    Ace,

     

    If you are shorting and staying in with that then you are not timing the market. I was under the impression you were looking to go short today and get out quickly as you have done in the past. If you are short for days or weeks now I wish you good luck and admire your guts. This market can easily rebound 400 pts tomorrow and then today's short gains are gone. I'd take the money and run.
    10 Aug 2011, 01:46 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    why should this market come back, Gold hits 1800 bucks...

     

    ELEVATOR.....DOWN......

     

    ACEHART
    10 Aug 2011, 03:30 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    My rare good news event in the middle of a hurrican. Fitting it seems..

     

    SALT LAKE CITY, Aug. 4, 2011 /PRNewswire via COMTEX/ -- Deep Blue Marine Inc., OTC: (DPBE .PK), is pleased to announce that all boats and crew have returned to the safety of Samana harbor in the Dominican Republic as Tropical Storm Emily bears down on the island of Hispaniola. The boats will remain harbored in Samana until the weather clears and safe diving conditions are restored. At the time of this writing, Emily has sustained winds of 50 mph with gusts to 65 mph and is heading WNW at 13 mph. The latest satellite data shows that Emily has shifted to the west; however, according to the National Hurricane Center, it is anticipated that 4-6 inches of rain should be expected with isolated areas receiving up to 10 inches.

     

    At this time it is not anticipated that Emily will strengthen to hurricane status before making landfall on Hispaniola, but it is still a very dangerous storm and all precautions will be taken to ensure the safety of the boats and crew. This is the largest storm to affect the diving area since Hurricane Earl came within 200 miles of the north coast last summer. The crew is happy to be safe and back in port after a very lengthy dive tour which produced some of the most significant coins discovered to date in the New World.

     

    The coinages of the Americas began with the Mexico mint. The mint itself was located in the original Mexico City, which Hernando Cortes had built directly on top of the ruins of the former Aztec city of Tenochtitlan in 1523. The Mexico mint was one of the great mints of Spanish colonial America and the first in the Western Hemisphere. From its initiation in 1536 until the last pieces were produced in 1734, it was a major source of nearly one half of the world's silver supply and much of its gold. This latest tour of duty by Deep Blue Marine in the contracted area has been very successful with the recovery of numerous artifacts including a number of 16th century silver coins to add to the hundreds of coins already recovered. Of particular interest are the three 3 reale coins recovered on the Preciosa site. These particular coins were produced following an edict from Queen Joanna of Spain beginning early 1536, but were discontinued late in 1537 when the 4 Reale coin began production (1).

     

    These coins are very rare and, interestingly enough, were all found together.
    10 Aug 2011, 11:02 AM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6282) | Send Message
     
    I suspect this morning’s plunge is emanating from Europe.
    10 Aug 2011, 11:03 AM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    Bob

     

    I believe part of it was the 600 point swing within minutes yesterday that had to be manipulated. No one was waiting on the sidelines to buy that much !!!

     

    Europe can't help, Bernanke said nothing yesterday either!!

     

    My guess is the Treasury is somehow buying our treasuries still. imho

     

    ACEHART
    10 Aug 2011, 11:07 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    (SRRY) up 15%. Recycling waste seems to be looking up. Guess there is a lot of crap expected to by laying around after the carnage.
    10 Aug 2011, 11:25 AM Reply Like
  • optionsgirl
    , contributor
    Comments (5183) | Send Message
     
    Another good dividend play in a much maligned industry(hedge funds)
    Och Ziff. (OZM) Shares are taking a beating.
    10 Aug 2011, 11:28 AM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6282) | Send Message
     
    S&P will likely execute a death cross this week, perhaps as early as tomorrow. Last time that happened was in July of 2010.
    10 Aug 2011, 11:31 AM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    FPL: Can you explain that further for me please, Rat? I need to know where my cheese will be heading...
    10 Aug 2011, 12:00 PM Reply Like
  • optionsgirl
    , contributor
    Comments (5183) | Send Message
     
    www.investopedia.com/t...
    10 Aug 2011, 12:02 PM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    Thanks, OG....I guess I wish to know if the 'Gades place much stock in the "death cross"??

     

    ...."place much stock..." he he he
    10 Aug 2011, 12:13 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    On a market-wide basis, a lot of traders do, so us small-fry don't make much difference if we believe or not.

     

    But do keep in mind that such indicators were developed in a time long before computers that made high-speed data crunching and modeling available, which led to HFTs, quants, co-located fractional-penny skimming and market arbitrage possible.

     

    So they *may* not have the same effect as in the past. And I've seen mant individual stocks in which price action seemed to ignore it.

     

    HardToLove
    10 Aug 2011, 12:53 PM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    Moody's/S&P both just reaffirmed France's AAA rating...may give us indication how much France has been weighing on us today....
    10 Aug 2011, 12:29 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    Maybe it just means that S&P has gone over to the "dark side" ... socialism.

     

    After all, they downgraded U.S. not on ability to repay but on dislike for the normal political process of representative democracy.

     

    That's chutzpah!

     

    HardToLove
    10 Aug 2011, 12:55 PM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    Those who have chosen to Ignore the "Death" Cross or the "Golden" Cross do so at their own Peril.

     

    This is one of the "more" accurate indicators, IMO.
    10 Aug 2011, 12:55 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10491) | Send Message
     
    Time to start looking for the next big event. I'm betting on the collapse of the Euro and disintegration of the European Union. The debt situation in the Eurozone is dire and IMHO not transient. Creation of the European Union and the Euro was a political one to counterbalance the U.S. and the USD on international markets. With Germany becoming less and less likely to foot the bill for it's more profligate neighbors and France unable to do so a collapse seems unavoidable. Timing the event will be the trick I'm thinking it's a year or more out. A downgrade of Spain is inevitable as it's simply impossible to keep up the charade that they are as good a credit risk as the U.S. When that happens escalation and contagion are unavoidable. Any ideas?
    10 Aug 2011, 12:57 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2699) | Send Message
     
    Robert, I believe that it's a race between the breakup of the Euro-bunch and a Chinese debt crunch. China is just starting to admit that inflation is just a wee bit higher then before. If they are forced to admit the obvious, the Peoples Paradise is having money problems, bad ones. Not to mention rioting in the streets.

     

    If China slows down then Australia is right behind them. There are already signs of housing prices in Oz falling. The banks are 70% into consumer debt vs. business loans. Recent new house loans were for inflated housing prices. The housing bubble that didn't shake out in 2008-2010 is still badly inflated and if sales of industrial commodities to China slows, their income and jobs are in trouble. PoP! goes that bubble.

     

    I think I just depressed myself. Why have I been buying ANYTHING this week?
    10 Aug 2011, 01:44 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10491) | Send Message
     
    silliconhillbilly: Greetings. Excellent analysis and just what we're looking for. I had thoughts about that as well because when/if the Euro does collapse both the U.S. and China will be affected. Do you think that China may be the first step though. They have a command economy and more leverage to engineer a softer landing than the Eurozone. My thoughts are that the Eurozone is in worse shape than China or the U.S. In fact I think they may be in worse shape than we know right now. Could a Euro and Eurozone collapse trigger a collapse in China with the peripheral down side for others on the PACRIM. As the man said now we're cooking with gas!
    10 Aug 2011, 02:06 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2699) | Send Message
     
    >Robert: you typed "Could a Euro and Eurozone collapse trigger a collapse in China with the peripheral down side for others on the PACRIM."

     

    Sure. I figure that's about as likely as the Chinese dropping first. If economic forces reduce Chinese exports then they could start the slide going. But Euro inflation caused by "printing more Euros" could raise the cost of Chinese goods and so lower their exports to the Eurozone just as easily as other forces. Just plain nervousness in Europe could probably cause the same reaction.

     

    All it takes is a good scare in China that reaches the upper classes that are the investors. If the bubble property prices start to slide as folks try and sell out and move to gold, the bubble will become more obvious and there could be a "race to the bottom" as everyone tries to sell their "investment apartment" in (you chose) big coastal city. Then they feel poor and stop buying cars and the consumer part of the economy falls. Dominoes from there.

     

    BTW, Canada still has a nasty property bubble going. Not as bad as Oz, but bad enough. So they could join in the slide. Likewise the UK, who already have their own deficit problems that are causing them lots of unrest amongst the non-working "leisure classes". Reduced bread, but no Circuses. What can you expect?

     

    The only good thing for the US is that we wrung most of the air out of the housing market in 08-10 and have now settled into a slow economy while the FedGov debt and overvalued property assets still on the books are worked out. That could take who knows how long. It really is depressing.

     

    Buy top quality companies paying dividends and you have some cushion on the down side. Then add "spice" (like CPST) to taste ;-)
    10 Aug 2011, 03:33 PM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    When it's all said and done....we will see some strange bedfellows take a new and powerful foothold IMO.
    10 Aug 2011, 06:49 PM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    At last review, China has $3.2 Trillion in Foreign Debt of which $1.2 Trillion is USD.

     

    Exactly What Financial difficulties do you think they have?
    10 Aug 2011, 08:48 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    I agree Freya. Too much is being made about China imploding.
    10 Aug 2011, 10:44 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (CPST): bumped my stop limits a couple time. Now $1.14/$1.13.

     

    I'm beginning to think my "secret hope" of more than ~$1.20 *might* be possible.

     

    HardToLove

     

    P.S. LoL! Just triggered the stop and kicked me out. w a 1 penny loss + fees - 3 cents total. Oh well, that's risk-management for ya!
    10 Aug 2011, 12:57 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (CPST): Got lucky. The sale happened at $1.15 even though my stop-limit was $1.14/$1.13. Took a loss of 1.9 cents per share instead of the 3 I thought. $39.83 total.

     

    If I don't do that often, which I don't, I can live with that as part of the effort to progress in spite of the market.

     

    HardToLove
    10 Aug 2011, 01:31 PM Reply Like
  • thistimeitsforreal
    , contributor
    Comments (442) | Send Message
     
    Up $80, down $40. Not reaching very high are you HTL??? While I agree grabbing short term gains is a good way to invest, I tend to look triple figures to justify the risks. I am looking for CPST to break back above $1.30 at which time I may sell some or all but the minimum return will likely be $100, 200+ and i may hold on to some too. I just don't understand investing in a stock that has let you down over and over again in the past four months and then settling for $.04 per share on a 2000 share buy. It doesn't even begin to scratch the surface of the money you must have scarificed buying this stock for the past four+ months. Just makes no sense to me unless you have lost your confidence in CPST and don't see it going much higher than $1.20 in the forseeable future. is that why you are ready to sell at $1.20???
    10 Aug 2011, 01:57 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2699) | Send Message
     
    HTL: You really are a bad influence on us impressionable youngsters :-)

     

    I just bought 2k of CPST at 1.15 for a short term "hit and run". But my bailout price is higher then 1.25. Havn't set it yet.
    10 Aug 2011, 03:42 PM Reply Like
  • thistimeitsforreal
    , contributor
    Comments (442) | Send Message
     
    Looks like you won't be seeing it for a while. Freya is calling for $.75 and she might be right. My short visit inside CPST was not a good one. Maybe another day when it's a penny stock.
    10 Aug 2011, 05:07 PM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    HT: That was just your day-trade shs, right?
    10 Aug 2011, 06:50 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    SHB: That was my first attempt at a day trade on (CPST). So I set my hopes low and kept my trade small. Combined with the stop-limit, this is they way I chose to manage my risk during this learning experiment. Didn't want to make a lot - mostly just wanted to see if I could get it right and minimize risk.

     

    I think the first thing *I* take away from yesterday's experiment is that when there's a big downdraft going on in the general market, a day trade (or maybe any short-term - a few days) trade is riskier than the normal situation. I say this because have watched intra-day for several years on it, done some swing-trade spreadsheets that showed me how it normally behaves, ... I'd say in normal markets, 90% of the time it does *at_least* a reversion to the mean at some point in the day from the high/low established early in the day.

     

    Of course yesterday it did not.

     

    Of course this is *only* one additional data point - but I certainly don't want to discount it based on that.

     

    So my plan now is to maybe try one sometime in the future when the markets are more stable in one direction or the other.

     

    My other short-term plays on it have been more similar to yours - only much larger - that I've played for multiple day turnarounds for larger gains based on the charts. Generally these have worked well although there have been a few times where I had to hold much longer than planned to profit because I apparently got the charts wrong (still learning and all that).

     

    Since you planned for a small position with multi-day holding period and higher profit, I think you'll do alright, based on my experience. Just be prepared to have some patience with everything that's going on.

     

    When I try another day trade I'll post again. But it will be similar to the one I just tried - small, low reward expected and low risk. I figure it's the only way to start learning how to take advantage of this market daily, rather than the other way around.

     

    Just please keep in mind, which I sometimes fail to highlight, that I am early in learning about the complexity of this stuff and I *do* experiment - e.g. I have non-standard chart settings.

     

    HardToLove
    11 Aug 2011, 09:09 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    H2O: Correct. I was trying a new, for me, low-reward, low-risk *day* trade as part of experimenting. See my reply to SHB above for my take-away from that experiment.

     

    I should have highlighted that fact - my apologies.

     

    HardToLove
    11 Aug 2011, 09:12 AM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2699) | Send Message
     
    >HTL: (CPST) is one of the energy stocks that seems perfectly positioned to benefit from the current investment climate. Given cheap money and uncertain energy prices, they can guarantee a nice return for anyone who presently uses NG as a heating fuel. Just run the gas thru the gas turbine before using the exhaust to heat air or water. The electricity generated costs only the capex of the turbine, since you still get all of the energy from the burned gas for heating. It really is as close to a free lunch as I've ever seen.

     

    The oil and gas boys do seem to love then for powering drill or production sites. With flare gas available free, it's again almost free power.

     

    So having to hold the stock for a while doesn't worry me. Although with the market turmoil it could take a while to see some profit.

     

    I havn't ever had much luck with day trades, so this one doesn't surprise me much :-(
    11 Aug 2011, 11:45 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    Don't forget about CCHP. Adding the chillers brings toal efficiency to 92%.

     

    When the new austinetic alloys are available, we get another 5% IIRC, because we can run hotter exhaust through the recuperator without having "creep" issues damaging the recuperator. Also they've found the machinability and weldability to be good so far, meaning there should be no increase in manufacturing cost beyond any change in materials costs (might be cheaper since aluminum replaces the previous material that provided the protective coating). As I've mentioned before, this new material also forms the coating faster and has fewer surface defects. So this means reduced breakage and warrantly costs.

     

    The new C370 will be a compound unit (a cheaper way to get higher compression as compared to multi-stage compressor turbines which are more costly and difficult to manufacture, or compared to axial flow turbines which are more costly to build) will give another efficiency boost via higher effective compression.

     

    So the "close to a free lunch" gets a bit closer in the next two years or so.

     

    HardToLove
    11 Aug 2011, 12:13 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (CPST) and my experimental trade: another possible take away.

     

    Looking over the patterns I noticed something that's another thing to watch for on a day trade. I don't *know* but it seems significant.

     

    The day opened early very high and dropped big time. In the first 4 minutes it dropped right down to 10 cents below the bottom of the initial range, putzed around there for a few minutes and by 09:48 started the slide down to the early initial low of the day.

     

    This is unusual in that it usually makes somewhere *near* it's high and low sometime in the first 30 minutes or so (and often in the first 15), putzes around those two areas for a few minutes and makes another penny or two up or down in the next half-hour or so.

     

    So a possible "tell" for me to be cautious will be if it doesn't do the normal putzing around and instead heads directly towards the cellar steps in that first 15 minutes and then continues down.

     

    This may indicate that it will *not* makes a normal run up to the mean of the day's (potential) price range.

     

    I don't know, but it is something I will watch for next experiment.

     

    HardToLove
    11 Aug 2011, 03:08 PM Reply Like
  • optionsgirl
    , contributor
    Comments (5183) | Send Message
     
    Did you superimpose the S &P ( or other such measure) over it to see if it might be attributable to general market conditions?
    11 Aug 2011, 03:20 PM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    I was thinking about getting into CPST but somewhere in the $0.75 area.

     

    2nd leg down being equal to the first leg.

     

    But it ain't going anywhere on a long term basis until it forms another Base or someone decides to buy it.

     

    Australian flooding did a number on SRRY but it is recovering.
    10 Aug 2011, 01:00 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    Freya, I think the Aussie flooding also did a number on CPST orders down under. Origin Energy had predicted 400-1000 units in follow-on orders, per CPST CCs, before the nasty weather. Subsequently, no PR about any follow-on orders.

     

    *if* this potential order was factual, the lack of it had a big hit against potential volume, which flowed through to less-than-expected good results on operating results.

     

    How long, if ever, until these orders start to come through has not been touched upon since.

     

    Possibility is still there since NG wells are being drilled all over the place down there and CSG (coal seam gas) is also getting some attention. Origin is involved in both of those. I don't know if the new LNG impetus down there will have any effect or not. If the LNG effort is primarily a response to over-abundance, shouldn't be much effect. If, OTOH, it's a new initiative that will demand more NG production in OZ, might have a big effect. I just don't know right now.

     

    MHO,
    HardToLove
    11 Aug 2011, 09:22 AM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (13208) | Send Message
     
    You can't really call me a gold bug although some are calling me that. I mean I have only been pro gold since the end of last week. Buying gold in the face of fiat money downgrades seems like an elementary trade you learn in economics 101. It is strange that others don't come to the same conclusion, especially since governments are joining in the buying fray. If the US starts dumping gold to drive it down it will find its stash depleted for naught. I suggest if they do so they use some of the proceeds to sell to China to narrow the trade deficit chasm. If they did it will be the fist time the US got a trade surplus with China but would still make the dollar go down. That in itself would prove that gold is not just an archaic relic.
    10 Aug 2011, 01:49 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10491) | Send Message
     
    Moon: Greetings. They (Government) are much more likely to manipulate prices with margin requirements than by selling reserves. Assuming they have any.
    10 Aug 2011, 02:09 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Rob they have plenty of reserves....they just have a tungsten core.
    10 Aug 2011, 02:49 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Better a late gold bug than a poor fool. This rides not over. It will explode if banks in europe start failing or even have the appearance of failing. Dont forget central banks are buying like crazy too!!!
    10 Aug 2011, 02:52 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10491) | Send Message
     
    doubleguns: Greetings. I thought Wild Bill Clinton had dumped all of those on the Chinese years ago. Don't tell me they sent the wrong bars.
    10 Aug 2011, 03:27 PM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (13208) | Send Message
     
    That is the US government. The buyers are China (gold), Taiwan (silver), Vietnam (gold), S. Korea (gold). Japan apparently was a seller yesterday I suppose because the US wanted them to try to keep gold down in asia trading. They sold at less than a 1% discount to a few people on 8/9/2011. It made asian headlines as they lied that Japanese were dumping gold.
    10 Aug 2011, 04:30 PM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    uuuhhh...what gold? ;)
    10 Aug 2011, 06:51 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    DG

     

    Thanks for posting you thought is was a bad idea selling my physical. I had a moron in another thread almost had me convinced to sell it and buy stocks with dividends, Until i caught him lying in at least 3 posts about what he bought and sold.

     

    So i am sticking to my plan of holding my physical, shorting the market until i feel we hit bottom and then buying some FSC courtesy of FREYA and yourself.

     

    But seriously , thanks for explaining your trading philosophy..

     

    ACEHART
    10 Aug 2011, 08:32 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6282) | Send Message
     
    Morgan Stanley's ClientServ Is unavailable .... again...
    10 Aug 2011, 03:33 PM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    We are at MS but usually have dificulty only over weekends. No Probs today even when both of us were online from dif. computers.
    10 Aug 2011, 08:54 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10491) | Send Message
     
    Somebody's buying that's for sure. Half an hour to the bell and still going like gang busters. Down 400 as we speak and sinking fast. Added to (TAMO), (XIDE) and (JAG).
    10 Aug 2011, 03:34 PM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    I assume these are Day Trades.
    10 Aug 2011, 08:55 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    I would assume that TAMO is not a day trade. September that potential gusher comes in. But...if oil is down to $60-$$70, then the reward of a winner is greatly reduced. Still believe TAMO is a hold--if that well hits--until 2015/16.

     

    Still holding off buying XIDE and probably won't pick up old fav, JAG.
    10 Aug 2011, 10:48 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    4REAL

     

    What does that book tell you about a stock market crash...Sell on the positive days, buy my shorts on days like yesterday and today/

     

    acehart
    10 Aug 2011, 03:39 PM Reply Like
  • thistimeitsforreal
    , contributor
    Comments (442) | Send Message
     
    It says use stops and/or go/stay on the sidelines. By doing just that I haven't lost a dime this past week. AUY has overshadowed any losses I experienced in CPST or SLV. I am in the black for the week. I bet there are not many that can say the same, in here or anywhere else. At the present time AUY is all I'm holding (with stop in place) and its up in after hours trading.

     

    I have not yet found the secret to big profits in market like this but I'm not losing anything either. In this crazy market, that's a plus.
    10 Aug 2011, 08:41 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6282) | Send Message
     
    Another one who gets it...

     

    tinyurl.com/3jvn3p5
    10 Aug 2011, 03:51 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10491) | Send Message
     
    Blocked by my handlers! I hate it when that happens.
    10 Aug 2011, 03:56 PM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (13208) | Send Message
     
    B of A blocked all their clients from buying DGP which is double levered gold. They claim that they restricted it a long time ago and think the risk and volatility is too high to let their clients buy it. I listened to the phone call with my friends. They did however say its ok to buy B of A stock. I guess they think that is less volatile lol.
    10 Aug 2011, 04:39 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    B of A does not want any competition from its client in the double gold business.

     

    When folks talk about a 15% gain in gold DGP gets 30%. That is real good return on investment. I have been doing very well with DGP and AGQ over all the past couple years. Some times I have been burnt being in the stock on a downward move but I have quickly avoided those situation rather quickly.
    10 Aug 2011, 05:21 PM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    MS did that to us with BGZ and TZA so we bought SDS. And have recently gone into DXD.

     

    These are not trades. BGZ/TZA were bought pre-reverse split, SDS in June and DXD when it was $17.50 even though we had hoped for a Bounce in the Markets to get in.

     

    I'm unwilling to sell my insurance just because the Flood/Hurricane/Tornado missed us.

     

    All that you have to remember is that some Global Market is open somwhere while the USA is closed. By the time we open here, the DOW could be set to open 1,000 pts lower But the Fed will Not be able to reduce Interest rates or do Anything at all to stop the Blood.
    10 Aug 2011, 09:09 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    This market is becoming a window jumping event.

     

    I have a group suggestion. Lets all jump out the window.

     

    Everyone go home tonight and jump out the car window in the parking lot, garage, driveway or yard. Do not practice from the upper floors of the parking garage.

     

    Consider photographing it and sending copies to congress and ask them to practice from the top of the Washington monument.
    10 Aug 2011, 05:54 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10491) | Send Message
     
    doubleguns: Greetings. I don't think they can. I read somewhere that the POTUS covered it with a giant TARP to hide it from Chinese repo guys.
    10 Aug 2011, 05:59 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    CME just launched attack on gold. Raised margin 22%.

     

    Muther falkers need to have thier heads ripped off and shoved up thier a$$e$.
    10 Aug 2011, 07:12 PM Reply Like
  • ScroogeMcduck
    , contributor
    Comments (511) | Send Message
     
    Gold miners are killing it.
    10 Aug 2011, 08:14 PM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    Scrooge...sorry, Do you mean killing it as in doing well...making lots of profits? Or killing the gold top/margins?
    10 Aug 2011, 09:54 PM Reply Like
  • ScroogeMcduck
    , contributor
    Comments (511) | Send Message
     
    I mean as in doing well. I like MFN and AUY
    11 Aug 2011, 08:34 AM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    DG

     

    It was just a matter of time...I am going to give this group a STANDING OVATION as i just wasted time reponding to another thread and one after the other were telling lie after lie. With absolutley no info to back up their opinions.

     

    ALL of you are heads above the others !!!

     

    ACEHART
    10 Aug 2011, 08:16 PM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    ...seconded
    10 Aug 2011, 09:54 PM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    Ace, please remember that we are not perfect nor claim to be.

     

    There are Different Drumers here.

     

    I had a problem child last year who believed that he was "walking on water" couldn't possibly be wrong (SmallRocks). I read what he had to say and told him That Once an indicator was widely known, it could be manipulated and he "could" have his Head Handed to him.

     

    Since then that Indicator has Failed miserably.
    10 Aug 2011, 09:20 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    FREYA

     

    It is one thing to lie about your trades or be wrong about them. I understand no one is perfect !!!!

     

    But this guy was telling me what to buy while he was selling it!!! Then hit me with i personally think is inappropriate, and if i offend anyone sorry but this is how i feel. He married a 26 year old, hiccup was he was 56.. Sorry i am about the same age and have a daughter that is 23...made me sick

     

    Hell, not even sure if that was the truth...But once i realized his emails did not match his posts i copied and pasted it to their thread and just cut if off. Some sickos out there...

     

    ACEHART
    10 Aug 2011, 10:38 PM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    Once all of us realize that the Markets are being manipulated, the only reliable things are Historical Charts of the last Secular Bear.

     

    If one compares what happened then to now, you will see that all of the Cyclical Bears started from rounding tops while all of the Cyclical Bulls were V shaped in nature.

     

    I expect nothing less from the Current drop.
    10 Aug 2011, 09:29 PM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    The following link is to the Barron's Market Data section.

     

    online.barrons.com/pub...

     

    Please note that Program Traders are currently doing around 30% of ALL Nyse trades on a daily basis but do not have to report on same for about 10 days after the Fact.

     

    I have seen this as high as 50% during Bull Markets.

     

    Market Manipulation at its Ultimate.
    10 Aug 2011, 09:36 PM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    ...wishing I had kept my FAZ at $44
    10 Aug 2011, 09:56 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2699) | Send Message
     
    High volatility can have an upside. You can place limit orders at prices you want that are well below the "average". Not that average means all that much in this market. But when some sell program drives down a segment of the market, you may buy some stock. If you know what you want and why you want it, you can do well over the LONGER TERM ( 1-3 years).

     

    Day traders need not apply. Your mileage may vary. May cause thoughts of suicide in younger traders. Do not trade while driving.
    10 Aug 2011, 10:04 PM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    Silicon: My best open orders seem to always close too soon. I have yet to learn one of the most important aspects of trading/investing....p... I am being forced to learn a bit right now, though.
    10 Aug 2011, 10:07 PM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    Freya: You seem somewhat bearish right now (can't imagine why!). Based on your assessment of this environment, it seems you would expect more up days like Tuesday (likely Thursday again) followed by more days of reality....likely more down than up. Is your position similar to that of the link FPL provided above...if you viewed it? Just trying to understand your view/outlook so I can mix it with the others I have already grasped a bit. Thanks for indulging!
    10 Aug 2011, 10:09 PM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    Here we go again btw...check your shorts. Dow futures...along with ASX doing another overnight quick-flip...Could be seeing green manana...in spite of it all.
    10 Aug 2011, 10:11 PM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (13208) | Send Message
     
    Comex just raised the reserve requirement on gold. Silver sold off because perhaps it brings back painful memories for silver bugs.
    10 Aug 2011, 10:16 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    FOLKS

     

    ALSO i am proud to announce that hopefully i am off one of my pain meds that mixed with others was called a witches brew. Still dealing with some side effects but my mentor through this (Bob) is a little apprehensive.

     

    Tired of living my life horizontal, tried to find a good doctor in NYC, BUT WAS TOLD THAT I WILL ALWAYS HAVE PAIN. so i have chosen to withdraw from as many as i can and am taking my time although someone would like me to go at a slower pace ( Bob).

     

    Putting this out in public as most of you have seen my mood swings in my postings but it started to effect my family life so i want to see if i can either live with the pain or have something less addictive prescribed.

     

    Had a moron for a Pain Management doctor who left me an addict, sorry but i will beat this and learn to deal with the pain.PRAYERS ARE WELCOMED !!!

     

    ACEHART
    10 Aug 2011, 10:49 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Ace my wife has radio frequency treatments. Essentually a needle is placed into her spine and they run electrical impulses that microwave the nerves. It lasts a few months and then she has to have it redone.
    11 Aug 2011, 05:44 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    Ace,

     

    You know I'm pulling for you. Something that works for me and may work for you: "expect the worst, hope for the best and you can't be disappointed". What this does is set me mentally to deal with the worst if it comes and that seems to help me cope. If something better happens, its a nice surprise.

     

    Another thing that has helped me in the past is "the one minute rule". If I can last for one more minute ... repeating that over and over and I ended up lasting a very long time. After a while, it was "one more day".

     

    Of course, my situation was easier than yours - it was just pain while mending from MC accidents etc.

     

    You *will* beat it and find a better situation.

     

    My thoughts are for your success,
    HardToLove
    11 Aug 2011, 09:44 AM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    Ace: I believe in prayer. I do not believe in Doctors (generally). Congratulations on your decision. It is a good one. Both your and 4Reals vulnerability and honesty has been noticed recently, too. Thanks for sharing and I WILL be praying.
    Suprised we are not all on medication with these markets! ;)
    ...not to equate that with your health trials
    11 Aug 2011, 09:50 AM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    DG

     

    If you don't mind write me a pm to tell me how it works...

     

    Thanks
    ACEHART
    11 Aug 2011, 11:25 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6282) | Send Message
     
    I started to look at why the markets popped after Bernikie announced the Zero Interest Rate Policy in my Insta:

     

    "Consequences of ZIRP and The Giant Rat of Sumatra"

     

    I don't know yet about the Foreign Bank loan angle, but I suspect foreign banks can borrow at zero interest from the US.
    tinyurl.com/445ubad
    10 Aug 2011, 11:03 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    Two days of driving and I got to come home and see this first when I open up SA?!?!?!?

     

    9:10 PM The CME hikes gold margins 22% from $6,075 to $7,425, effective Thursday. The news knocks a few dollars off the price of the metal, but it still remains over $1,800/oz
    10 Aug 2011, 11:19 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    China question...

     

    If you were in charge of China's investments...
    a) and you saw that the Treasury auction today set a record for the lowest rates ever for a 10 year Treasury auction (2.15% at auction; went down to 2.09% during the day on the open market)
    b) and you saw the Euro in a mess and the U.S. in a mess, and both being downgraded over time
    Then
    1) why wouldn't you quietly start selling your Treasuries into this strength and buy hard assets with the proceeds (e.g. precious metals, oil, gas, mines, etc.)?
    2) or would you be still accumulating U.S. Tsys to have political leverage over the nation that is the biggest consumer of your goods?
    10 Aug 2011, 11:28 PM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (13208) | Send Message
     
    If I was China I'd be happy to see 100% reserve requirements. Then I could buy gold without any competition.
    10 Aug 2011, 11:41 PM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    I'm as Bearish as can be but waiting to buy certain stocks in my price range.

     

    Like avg down on FSC or take advantage of PSEC's inclusion into the S&P 600 as it gets reamed and smashes hopefully to $6.

     

    Small Business will be the beneficiary of Congressional Largesse in the future so Business Development Companies have been on my radar ever since the Elections.

     

    Take it easy and wait.

     

    Insiders have startd buying HERO
    11 Aug 2011, 12:22 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    TAXI might be another high yielder worth tracking. I'd watch for it to go below 7 (perhaps below 6) in this environment. I had a note to buy it when it got down to 5.50 in the post-2008 madness, then didn't pull my own trigger (dumb male thing... distracted by some other slinky-like object no doubt).

     

    TAXI has a nice portfolio of loans to primarily New York yellow cab drivers wanting to own their own taxi medallions. They have some other business lines, but that's the primary income generator. Paying 7.6% currently at $9.07/share... it can be gotten for cheaper.
    11 Aug 2011, 12:27 AM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    Thank you, Freya!
    11 Aug 2011, 09:36 AM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    MIGHT I ADD WHERE HAS TRIPLE BEEN>>VACATION

     

    ACEHART
    11 Aug 2011, 03:10 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Based on the futures this morning its back to kings island and the roller coasters. aaauuugggghhhhhh, yeeeeeeeeeee, auuuuggggghhhh, yeeeeeeeeeee.

     

    I'm gettting sea sick.
    11 Aug 2011, 05:48 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    What has happened to Mark Bern?

     

    I would like to have his opinion on this article.

     

    www.blacklistednews.co...
    11 Aug 2011, 08:25 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Looking bad. This might be the reason.

     

    www.zerohedge.com/news...

     

    add this. Manipulation always works.....right? (sheepishly in a small voice)

     

    www.zerohedge.com/news...
    11 Aug 2011, 08:38 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (CPST): I screwed up!

     

    Per ETrade analyst estimates loss, displayed ($0.03 - the rounded display on the screens before reporting), shown as actually $(0.028) cents/share after reporting vs. reported ($0.03), a *MISS* of ($0.002). CPST reported ($0.01). This is a GAAP vs. operating earnings issue that I failed to pick up on when CPST reported.

     

    Anyway, rather than a *beat* we had a miss of ~6.6%.

     

    I don't know how much weight *I* would give .002 pennies, but I know the market these days will punish. Add in the general downdraft ...

     

    My humble apologies to all.

     

    HardToLove
    11 Aug 2011, 08:42 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    It appears the rollercoaster is beginning its third trip around...this morning....before the open!!!

     

    Volatility measured in minutes not hours or days at this point.
    11 Aug 2011, 09:13 AM Reply Like
  • RainH2O
    , contributor
    Comments (1336) | Send Message
     
    HT: I was confused...but not really by you. It seems the year-over growth would help, nonetheless. What about talk of .75 here, though.
    Is that serious talk?
    11 Aug 2011, 09:35 AM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    IMO, CPST is Energy Cost driven.

     

    If the US goes into a Recession, Energy usage goes down.

     

    Consumer buying Had been stable/rising but The Market's collapse has to have put a dent into that. Combine the collapse with the Negative implications of "Fed Speak" and a Recession looks in the cards rather than just a possibility.

     

    Ergo, I'm in the Recession Camp and the accompanying Symptoms.

     

    If I err, it will be on the side of Caution.
    11 Aug 2011, 10:05 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    But do keep in mind that the EPA hammer has been coming down on NG producers and there has been a surge over the last 8 months in orders related to NG E&P.

     

    So far most have been in the Eagle Ford play, but as first adopters act as show cases for more conservative types we might see the application expand. Of course Russia has been doing this for years and it's only in the slow-poke U.S.A. that we have been late to that particular party.

     

    Another energy-related, but not so much cost, is the DG (Distributed Generation) impetus being seen in Europe right now (Greenvironment PLC being a prime example ATM) where the prime mover is more reliability and infrastructure weakness than cost, although cost is still major with typical paybacks I recall being 2.5-3.5 years or so.

     

    They are also making headway over there in various renewable areas, such as waste gas from landfills, pig-farms (in Africa too!), etc. And *again* we are *not* leading this party although we are not as far behind since we do have some early adopters in wastewater treatment, etc.

     

    I, personally, don't believe all the hype about private passenger automobiles will gain widespread acceptance *until* a much smaller and cheaper unit is available - and that's a big IF IMO - but I do think there's decent odds in various HEV truck applications, such as Wrightspeed's class 3-7 effort and the class 8 effort currently being refitted with a C65, IIRC.

     

    All of these are EPA-related driven more so than energy cost, although that also has an impact. I don't recall the payback periods but ISTR that US 1 reported something in the range of a year or two based on their early tests.

     

    I presume this includes the incentives available from California and the various port authorities driving the trucking companies to reduce pollution - they don't really care about the cost to the truckers, they want to address their pollution issues.

     

    Anyway, under this scenario (more environmentally-driven than energy-cost driven) I don't think CPST's fortunes hinge on energy costs, near term.

     

    IMO it hinges on CPST being able to *finally* deliver on the financial performance they've missed for ~20 years. I'm still positive on management's ability (remember they didn't come on-board until ~2007), but not as certain now as I was a year or two ago. I'm thinking maybe ramping up project management to address some prior issues, "weeding and feeding" new distributors to get performing ones replacing those that were dormant, ... might explain some of the recent misses.

     

    Maybe like me, they're still on the learning curve - for them how to become a profitable company rather than a development company. I don't know.

     

    But long-term I still see them doing well and will continue with them.

     

    HardToLove
    11 Aug 2011, 12:44 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2699) | Send Message
     
    According to the latest CC, Capstone (CPST) is both reducing their cost to build and increasing their sales price simultaneously. That should result in a 10% or more increase in revenue/average sale in 6-9 months as the existing orders flow thru their system.

     

    They broke even this qtr. for all practical purposes. Only a market this strange could call their results a miss. I'm encouraged.
    11 Aug 2011, 04:17 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (CPST): Don't be discouraged. Look at this comment I left on another board and think of what it means if the margin improvement excluding non-cash items continues at this rate. I don't know if its possible, but I think for a quarter or two more may be possible *if* management has solved the recent short-term problems and stays focused on execution to their plan.

     

    Like any h00m0n organization, there's difficulty in that.

     

    investorshub.advfn.com...

     

    HardToLove
    12 Aug 2011, 10:04 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    Sangamo (SGMO)

     

    Smith on Stocks, Aug 3: seekingalpha.com/artic...

     

    Michael Slattery, Aug 10: seekingalpha.com/artic...
    11 Aug 2011, 09:38 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (XIDE): Just closed the gap from 5/5-5/8 (high of gap was $5.30). Currently the high so far is $5.32. And now $5.24, +10.32%.

     

    I suggested, if it could run past the low of the gap it might close it and try and recover to the mid-point of the downdraft but I couldn't nail where that is due to it's configuration (more experienced folks my have a point of high confidence).

     

    I've still got two 300 share trading blocks @ $5.61 that I hope to profit on but I don't think it'll hit today with what's been going on. I do expect to hit pay dirt within a week or so based on what pps has acted like the last three days in spite of market behavior.

     

    Wedbush raised from underperform to neutral today.

     

    This must be off the Jefferies conference which was a good presentation - but nothing we didn't already know since we've been following their stuff.

     

    HardToLove
    11 Aug 2011, 09:58 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (CPST): yesterday *may* have been a "capitulation". Volume was very high on the downdraft, 8.38M shares while the 25 day average the day prior was 3.98M.

     

    Often a directional run ends on a large volume spike. Prior occurrence on 6/15 with 11.69M shares. Next day was down on smaller volume and then a run up to a high of $1.68 on 7/8, from the low of $1.30 with 6.9M volume on 6/16.

     

    OTOH, 3/24 had 14.13M ending an up leg and that one started the long down leg we're still in.

     

    So we have two recent occurences in which a change in trend was indicated. How much weight should we give it? I don't know. But I might do a trading block in the next couple days, depending on what I see. It won't be a day-trade experiment - it'll be my more normal week-or-two with good reward efforts. I've had good success with those.

     

    With current TA indicating oversold I bet ... no I don't. I'm just being alert. But wanted to bring this to your attention. And from my recent experiment I'm also concerned that the overall market activity may have undue influence.

     

    As usual, keep in mind my n00bness.

     

    HardToLove
    11 Aug 2011, 10:11 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    Rolled out of my SCCO to buy more TBT

     

    Should have booked the gains on SCCO when I had 'em

     

    TBT set a new volume record this past Tuesday

     

    Its historical volume chart is getting interesting:
    finance.yahoo.com/q/hp...

     

    More and more folks thinking the Fed is going to lose control of interest rates...
    11 Aug 2011, 10:14 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Did Exxon have a flash crash?
    11 Aug 2011, 10:40 AM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6282) | Send Message
     
    Exxon Mobil trading resumed following circuit breaker halt for bad print
    11 Aug 2011, 10:42 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    FPA thats there story and they are sticking to it.

     

    Bad print....hmmmm....now what does that exactly mean. How many fat finger excuses are they going to use. Does every one that works there have rotund fingers.

     

    BS flag at half mast.
    11 Aug 2011, 10:55 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    Two articles on Energold (EGDFF)
    www.profitguide.com/ar...
    beforeitsnews.com/stor...
    11 Aug 2011, 11:05 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    So short selling banned in parts of europe. Just like 2008 here. Yep Socgen is doing just fine. I heard some say how do you say lehman in french, answer is socgen. Its seems more plausible as the failed USA 2008 tricks are used in Europe.

     

    Wonder how long this rally goes before some start to question the manipulation kicking it forward, violently kicking it I might add.

     

    Swiss frank/euro manipulated, gold margins, short selling ban, Bernenky Jackson Ho event and I am sure we will add more to this list.
    11 Aug 2011, 11:18 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Short selling ban not implemented. For now...

     

    Chickens with thier heads cut off comes to mind.....

     

    www.zerohedge.com/news...
    11 Aug 2011, 11:24 AM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    Multiple Insider buys at NVAX
    11 Aug 2011, 11:43 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Its practically being given away right now. I still have mine and I am so far underwater there isn't even any light down here.
    11 Aug 2011, 11:56 AM Reply Like
  • optionsgirl
    , contributor
    Comments (5183) | Send Message
     
    Interview with Gold Fields Corp president--it's insightful. He sees support of $1100 on gold market. The video is only a few minutes long. If you have trouble with the link, look for " Gold Fields" in their video stream.
    www.bloomberg.com/vide.../
    11 Aug 2011, 12:02 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (XIDE): The bull/bear battle centered around the $5.00 marker most of the day. It's now begun its normal post-lunch sag but if it acts as it normally does, they'll go back up later in the day and engage around that "psychological resistance" again.

     

    The short-term pattern (3 days) looks like it wants to move back up, making higher highs and lows on pretty consistent higher than normal volume (25 day average of ~6.80K on 8/4) running in the 1.5M and greater range the last three days.

     

    Stochastic, Williams %R and RSI are currently oversold.

     

    Other TA indicators *started* to turn up, but still have a bit to go, except accumulation/distribution which will take longer to respond on the 150 day chart.

     

    Next two days (I don't if we should count a potential "Flat Friday") should give a hint of future direction - ignoring general market moves for the moment.

     

    HardToLove
    11 Aug 2011, 02:08 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (XIDE): Good start of a "Flat Friday".

     

    Opened above $5, went below it for only four minutes on only 6.8K shares in total so far, and moved smartly above $5 again.

     

    Volume is looking decent ATM. Look for a close above $5.30, and especially $5.32 - a recent high - to signal that the uptrend off the recent low is likely to continue.

     

    The put/call ratio is not excessive, has not experienced a lot of recent volume on puts and so should not experience much pressure from naked shorting by the market makers (done in response to a put, being bought by an investor, to keep the market maker "market neutral").

     

    Next week is options expiration week and we can expect some volatility as options market makers unwind positions they won't need to hold. With puts expiring next week being relatively few, there won't be much buying pressure from them as the strike with volume is at $7.50 (and a lesser amount at $12.50) and will likely get exercised. These covering trades will appear on Monday as the settlement at the OTC happens Saturday.

     

    There's likely to be a small amount of selling pressure as right now we see 654 out-of-the money call ontracts ($7.50 and $10) that, *if* the market maker was properly covered, can safely be closed if the market maker desires. This would release 65,400 shares into the market - an insignificant amount (25-day average is 2.64M) even if done all on Friday.

     

    As a last note, if the close (and especially the low) stays >= ~$4.89/~$4.90, the rising trading range (rises ~$0.20/day) is still in play. I would say volume is important but I haven't been tracking Exide long enough to know if it has "Flat Friday Syndrome" with little price movement and low volume.

     

    Over the next 2-3 weeks, barring any sudden reversal, I think $6.10 and $6.53 are reasonable *initial* targets as a series of up waves continues.

     

    You ask "What about all the market volatility?".

     

    I've been thinking of that and believe it is positive feedback loop between the VIX (based on put/call ratio) and the mechanical actions when people are buying put protection in response to VIX moves, which causes more put buying which moves the VIX, ...

     

    I'm working on some charts and data currently to see if it appears a correct theory.

     

    Right now I believe that next week will be more-or-less "normal" options-expiration week volatility only. IOW, the big hairy scary swings are behind us near-term. As put buying was completed, mostly, $VIX dropped from a high of $48 on 8/8 down to a high of $42.88 yesterday and high today so far is $37.85. This is a drop of (21%). It's essentially back to the mid-range of the recent rise since 8/3.

     

    Ongoing forward GDP might keep it somewhat elevated, but the explosive moves should be over for a while.

     

    Keep in mind I'm an amateur.

     

    HardToLove
    12 Aug 2011, 10:40 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (XIDE): Correction, average daily volume of 976K - I read the one-day by mistake. That makes those options that could be closed a little more significant but still not unduly so.

     

    HardToLove
    12 Aug 2011, 10:54 AM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    guys

     

    Bob called it. Most likely i overdid it and was in tremendous pain last night . At about 6 am i decided to give in and put the patch back on. Gotta tell you this isn't easy. But i will not give up and just go slower in my healing process.

     

    THANKS to all who sent comments of support !!

     

    ACEHART
    11 Aug 2011, 02:19 PM Reply Like
  • thistimeitsforreal
    , contributor
    Comments (442) | Send Message
     
    Anything like this is gradual Ace. Don't try to be Superman overnight. Have you considered waning yourself off the patch by going from full to half for a while and then a quarter and then off completely? Good Luck.
    11 Aug 2011, 02:31 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    4REAL

     

    I only have one dose that is lower than what i am on. But you called it as the wife told me to go slower, i did not , so i am paying for it today

     

    Thanks

     

    ACEHART
    11 Aug 2011, 03:22 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    From yummy87

     

    www.bloomberg.com/news...
    11 Aug 2011, 02:31 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    FSC price target moved from 14.50 to 10.50!! OH oh.

     

    PRICE TARGET CHANGES: FRIEDMAN, BILLINGS & RAMSEY

     

    Aug 10, 2011 12:10:48 (ET)

     

    Friedman, Billings & Ramsey issued the following share price target changes on Tuesday:

     

    Company Name Symbol New Trg Old Trg Current Time Span

     

    DECREASE:

     

    Sunstone Hotel Investors SHO $9.00 $11.00 $6.22 12 Months
    Horsehead Holding ZINC $13.00 $16.00 $9.63 12 Months
    Limelight Networks LLNW $5.00 $9.00 $2.24 12 Months
    American Capital, Ltd. ACAS $11.00 $12.00 $8.35 12 Months
    Apollo Investment AINV $8.50 $12.00 $7.62 12 Months
    Fifth Street Finance FSC $10.50 $14.50 $8.91 12 Months
    PennantPark Investment PNNT $11.50 $14.00 $9.66 12 Months
    TD Ameritrade Holding AMTD $21.00 $23.00 $14.13 12 Months
    MCG Capital Corporation MCGC $5.00 $7.00 $3.96 12 Months
    11 Aug 2011, 02:40 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6282) | Send Message
     
    Hi Guns
    I thought it would be fun to see how the effects of compounding changes the investment picture.

     

    If they are right with that price target, in 12 months, FSC's price will be $10.50. That's a 17.84% increase. Not bad, but when FSC's price target change was made, FSC's price was $8.91 AND its' yield at that price was 14.4%.

     

    What would happen if an investor re-invested those dividends using a DIP?

     

    On average, they say the price per share will increase by .1325 per month. (.1325 X 12 + $8.91 = projected $10.5 after 12 months).

     

    Lets suppose we buy 1,000 shares at $8.91 and we reinvest the dividends using a DIP. The yearly dividend on the stock is fixed at $1.28 per share. That gives us ($1.28 / 12) .1066 per share per month.

     

    So after the first month of ownership, we get $106.66 in dividends (1,000 X .1066).

     

    Given their projected target price, after one month, the new projected share price is $8.91 + .1325 = $9.0425.

     

    Using the DIP we purchase 11.795 shares ($106.66 / $9.0425).

     

    We now own 1011.796 shares. If we repeat this process for 12 months we end up owning 1,139.48 shares at the final projected target price of $10.5.

     

    Our initial investment was $8,190, and our valuation at 12 months would be $11,964.52.

     

    That's a 34.28 % return. The average valuation of the holding increased by $254.56 per month over the 12 month period.

     

    With just the price increase from 8.91 to 10.5 we get a 17.8% return. But when there is a big yield and we reinvest those monthly dividends, the return jumps to 34.3%, That's a 92.7% increase in the return compared with the difference in the price per share percent return.

     

    WOW!

     

    Of course I assumed the dividend would remain constant at $1.28 per share. But even if it was reduced its still a WOW!
    11 Aug 2011, 06:39 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    My only concern is if its worth 14.50 but sitting at 10.50 previously and then it gets down graded to 10.50 where is it going to be ranging in price?
    11 Aug 2011, 07:21 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    FP

     

    You got my attention on FSC

     

    acehart
    11 Aug 2011, 11:30 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    Magnitude 6 earthquake hits Fukishima Japan per CNBC just now.

     

    It seems like it will never end.

     

    HardToLove
    11 Aug 2011, 02:41 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    More concerning is Yellowstone had a mag 1 and a mag 2 in the last 27 hours. Volcano coming alive there? That would be lights out.

     

    Still not any where near the swarm levels of 2010 and 2008.
    11 Aug 2011, 03:56 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (HYGS): Hydrogenics Announces Term Sheet for Ontario Government Funding $6 Million to Advance Commercialization and Scale-up

     

    globenewswire.com/news...

     

    HardToLove
    11 Aug 2011, 02:49 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Dow was just at 11,111.11 Is there some secret meaning to that for the PPT to que in or bail out.
    11 Aug 2011, 02:56 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Oh hell that was 15 minutes and many points ago. Delayed view on etrade. sorry folks.
    11 Aug 2011, 02:58 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    OK old timers

     

    Have we had capitulation or manipulation??

     

    ACEHART
    11 Aug 2011, 03:15 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    Capmanpulation? The pros manipulate and the retailers like us capitulate?

     

    That's what the pros wanted so now they start the next run up to suck us all in again as we will fear "missing the run up", wait too long and pile in near the top at high prices, rinse and repeat.

     

    Adjusts tin-foil hat,
    HardToLove
    11 Aug 2011, 03:20 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Some how Benny pimping his Jackson Ho, European banks new release of the "Chicken run", Chinese going "Soup Nazi" on euroean lending, Euro leaders on Vacation viewing through thier burgandy filled wine glasses very rotund pasty skinned topless beauties wearing butt floss and trying to decided if nakedness should be banned followed by our clueless leader heading to Marthas vineyard (no burgandy wine there huh) while sleeping at the Y of a very tanned very rotund naked beauty makes me think things simply could not be better. Yep this market is going through the roof. Capitulation....count on it. sic
    11 Aug 2011, 03:22 PM Reply Like
  • optionsgirl
    , contributor
    Comments (5183) | Send Message
     
    DG u r hilarious.
    11 Aug 2011, 04:07 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    This should answer your questions Ace.

     

    www.zerohedge.com/news...
    11 Aug 2011, 04:08 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    DG

     

    i DUNNO, jUST MAKES ME WANT TO SIT ON THE SIDELINES.

     

    This is too much for me to see, and then try to comprehend....Problem is will this ever end. This is driving me back to gambling where at least i thought i knew who the winner would be.

     

    Oh, MAYBE i will just keep collecting physical waiting for that day everything goes to hell. No book can teach you what to do here except buy dividend payers and just close your eyes.

     

    ACEHART
    11 Aug 2011, 04:39 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    OG, are you joking. I was being serious. Really thats how I honestly feel...as sick as that is. LOL
    11 Aug 2011, 04:40 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6282) | Send Message
     
    Bingo! :)
    11 Aug 2011, 04:41 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Don't forget to hold your nose too!!!
    11 Aug 2011, 04:43 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Well at least someone won. Someone verify this mans bingo.

     

    I knew this was gambling house but I did not know bingo was included.
    11 Aug 2011, 04:44 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    DG: u r hilarious, part two!
    11 Aug 2011, 05:47 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    (XIDE): Looks like it is going to move above $5. If it moves with strength and volume, I think thats a floor and we start struggling up.

     

    $5 just traded a block trade of 25K. WOW!

     

    HardToLove
    11 Aug 2011, 03:21 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19393) | Send Message
     
    Right after I wrote the above some large selling volume came in. But while the bids stayed the same *lots* of $5 trades ate up a very large part of the offers. Back to more-or-less balanced.

     

    But the battle is still raging.

     

    HardToLove
    11 Aug 2011, 03:55 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Holy crap Nasdaq just turned down. PPT cover that flank now!!! We could get slaughtered here. BO just got off the teleprompter, that would look bad....err...badder......

     

    I just cant watch this last half hour. To the bank, to the post office and if theres anything left of the market when I get back......
    11 Aug 2011, 03:27 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    All i know is i am ordering a boatload of ammo soon. This is a crazy time and it has to explode at some point !!

     

    ACEHART
    11 Aug 2011, 04:45 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Add this to your shopping list.

     

    www.amazon.com/How-Sur...
    11 Aug 2011, 04:48 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    DG

     

    ANY websites you use to buy ammo or am i better buying it from our local Gander store. Gotta imagine with delivery they have to be close in price. Am i wrong ??

     

    ACEHART
    11 Aug 2011, 05:00 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    Ok, here goes interest rates, just starting so let see what Ben has up his sleeve

     

    seekingalpha.com/artic...

     

    ACEHART
    11 Aug 2011, 05:04 PM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Check out sportsmansguide.com, ammoman.com, natchezss.com
    Brownells.com and Cabelas.com
    11 Aug 2011, 05:05 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2699) | Send Message
     
    For all the retiree-investors who have a few $100k in CDs and the odd bank savings account: The FED chairman says "no more income for YOU! Your financial health isn't anywhere near as important to us as the votes from your younger but unemployed neighbors. So put your very low yielding nest egg into mutual funds that can be whipsawed to death by the markets. If you try and trade the markets, you will lose. If you put it in and ignore it, you will lose. The Wall Street money boys will win with commissions and fees if by no other way."

     

    I wonder which way the conservative oldsters with falling income will vote in the next election? Will they put the blame where it belongs or just think the wicked Repubs are going to lower their SS payments when they REALLY needs them? Stay tuned.
    11 Aug 2011, 06:48 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    I have seen no sign than any Republican or Democrat will end the Greenspan/Bernanke nightmare... or that enough of the population gets their centrality to our current problems.

     

    Mind you... there's always a snowball's chance in the fiery pits of hell that Ron Paul will win the presidency.

     

    P.S. I'm a registered Democrat, I contribute to Ron Paul, and I yell at the Democrats every time they call me (e.g. "you changed NOTHING... you've got the same Wall Street insiders, some with different names, and some are the same exact people... do you realize the last time a Democrat appointed a head of the Federal Reserve, it was Carter?!..."... et cetera... they usually accuse me of "watching too much Fox News"... and then I really lay into them about what they've done to destroy the value of American currency, jobs, the economy, et cetera...)
    11 Aug 2011, 07:12 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2699) | Send Message
     
    >JS: Since they all seem to lie while campaigning, yelling at them on the phone seems like a valid option. Voting doesn't seem to change anything ;-(
    11 Aug 2011, 07:32 PM Reply Like
  • optionsgirl
    , contributor
    Comments (5183) | Send Message
     
    This article on gold advises:
    Cash for gold sales are declining, including activity in USA and India (where recycling old jewelry fashions is the norm):
    www.mineweb.com/minewe...

     

    I didn't realize that the Shanghai Gold Exchange had hiked margin requirements 10%, prior to the Comex exchange raising margin on Wednesday!
    12 Aug 2011, 05:15 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    I don't see trading cash for gold drying up......oh thats not what you ment.
    12 Aug 2011, 10:09 AM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    You should buy ammo making equipment instead.

     

    And a 20 gauge which you can modify yourself. Don't ammo sales have to be registered now?
    12 Aug 2011, 06:06 AM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    already own a 20 gauge, plus a rifle....in NY upstate i do not have to register my ammo purchase,

     

    Bought a 20 gauge that the wife felt comfortable using as well. Youth size but will do the trick if needed....
    12 Aug 2011, 06:21 PM Reply Like
  • thistimeitsforreal
    , contributor
    Comments (442) | Send Message
     
    It won't be needed
    14 Aug 2011, 12:56 AM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    Recent Gallop poll states that 48% of the people expect riots in the streets at some point IN THE USA!!!!. Bring your steak knife to a gunfight...

     

    ACEHART
    16 Aug 2011, 06:45 PM Reply Like
  • thistimeitsforreal
    , contributor
    Comments (442) | Send Message
     
    There's been riot in the streets in parts of the US for decades. You just don't live near them.
    16 Aug 2011, 07:35 PM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    NOPE

     

    The Gallup poll specifically asked about what was going on overseas and asked DO YOU EXPECT THAT TO HAPPEN IN THE USA??

     

    48% SAID YES...

     

    Sorry i did not include the whole question for you, but the talking heads were concerned enough to discuss it for 5 MINUTES. Not talking about your average fight, They were discussing a major blowout !!

     

    acehart
    16 Aug 2011, 07:43 PM Reply Like
  • thistimeitsforreal
    , contributor
    Comments (442) | Send Message
     
    Such a scenario would be most unfortunate but I don't believe it will happen. I think the average American polled in such efforts are ignorant and not well enough informed to give an accurate and educated reply. Also, I bet if the poll is conducted once a month as conditions change so will the results.

     

    I think what most people ready for the doomsday scenario are forgetting is that a lot can change in a short time. I think there will be a lot of change once we get into 2012. As the election draws nearer and nearer with change likely in the White House, attitudes will also change probably for the better as is usually the case around election time. Whether optimism for change and a better America lasts will solely depend on what the new President does in his/her first year.

     

    I have said it for about a year now regarding the market, stocks and PMs. Once we start listening to the candidates at the conventions and as November gets closer and closer, there will be optimism in the U.S., the markets will improve and PMs will stall, if not drop. It is very typical of an election year. What will really weigh heavily on our nation's stability will be what the new leader does in 2013. If there is reason for continued optimism based on his or (perish the thought) her progress in the first year I believe the country will climb out of the deep hole we find ourselves in now. If, however, there is no progress in 2013 or in fact things get worse in the nation and economy, it is then that I could see a "riot in the streets" possibility being real. Until then, I don't see any real threat of mayhem breaking loose on our streets. It is too extreme and we simply are not at that point yet.
    17 Aug 2011, 12:48 AM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    4real

     

    I just sent you an email about Venezuela Nationalizing their gold, IMO this is just the start. It might take years but what if other countries or dictators start doing the same thing?? That is why i always tell you to own some physical.

     

    We both have kids and i hope the polls are wrong but one thing i have learned in my life is NEVER SAY NEVER.

     

    I disagree that the elections will have anything to do with the long term price of precious metals. If they drop i am buying !!! We cannot get out of our debt, and if their is no plan God could win the election
    and have a hell of a time putting our Country back together.

     

    You are a STUDENT as you say. Keep on reading and when you find the answers we need please put them up for all to see. I am beginning to lose faith because the elections are way too far away and our country isn't educated enough to see the light yet!!
    17 Aug 2011, 09:15 PM Reply Like
  • thistimeitsforreal
    , contributor
    Comments (442) | Send Message
     
    "I disagree that the elections will have anything to do with the long term price of precious metals."

     

    I didn't say long-term. In fact, I said as the election approaches and new promises are numerous, the market will gain some strength and PMs will stall. About 6 months or so after a new president is in place and people start evaluating what, if anything is being done effectively by the new leader. If the President is not effective, the market will return to uncertainty and PMs will go back up. I'm just pointing out what I remember happening in the past. I'm not saying it is a steadfast rule but I think it is a likely sequence of events. We'll see.
    20 Aug 2011, 11:14 AM Reply Like
  • acehart
    , contributor
    Comments (1795) | Send Message
     
    4REAL

     

    I will make this much easier for you to understand. THIS ELECTION WILL HAVE ZERO IMPACT ON PRECIOUS METALS...

     

    Take that to the bank....uh i mean to the coin shop and buy those metals now as those commodities are going higher as the elections approach!!

     

    ACEHART
    20 Aug 2011, 06:20 PM Reply Like
  • Freya
    , contributor
    Comments (3318) | Send Message
     
    Insiders at FSC continue to buy. (they have a lot of investments in Health Care Service and Devices) go to their website to see the Portfolio.

     

    Meanwhile, AGNC has had its First Insider Sell. (ever, i believe)
    12 Aug 2011, 06:10 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    If we see a pull back to $5 silver I suggest you buy with everything you can pawn, sell, mortgage, borrow, even steal (yes recycle all the steal in your house) because from 5 to 75 is a whopping 1,400% return. Please do not throw me into that briar patch.....OH noooooooo...

     

    I suspect David Morgan has hit his head but he is one of the well respected silver folks. I think he is a bit overly optimistic but I love the idea of 1,400% potential returns.

     

    news.silverseek.com/Si...
    12 Aug 2011, 08:46 AM Reply Like
  • doubleguns
    , contributor
    Comments (9610) | Send Message
     
    Sentiment at historic lows. PPT buying like hell. They intend to save this weekend. One...more....weekend, that will do it. Ya think!!
    12 Aug 2011, 10:04 AM Reply Like
  • QuickChat
    , contributor
    Comments (270) | Send Message
     
    Author’s reply » New QC: seekingalpha.com/insta...
    12 Aug 2011, 10:14 AM Reply Like
  • QuickChat
    , contributor
    Comments (270) | Send Message
     
    Author’s reply » seekingalpha.com/insta...

     

    New QC.
    12 Aug 2011, 10:14 AM Reply Like
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