PT UTLRSHRT QQQ PS (QID)

All Comments on QID

  • commenter
    Jul 24 03:52 PM
    On Oil, Gold and Flying Pigs [view article]
    The lesson is: Buy gold---Hold gold--close the drawer and forget about it.

    It's no secret where the dollar and the economy with it are headed.
    Even IF they could, politicians and the Fed. don't have the guts to do more than make speeches!!
    The real fools are the ones who listen!!

    A piece of farmland might come in handy too; See if you can breed a few of those flying porkers that are coming out of Washington!!
    Reply
  • commenter
    Jul 24 12:21 PM
    On Oil, Gold and Flying Pigs [view article]
    This is the seeking alpha site. It's about short term profits.

    The reason the markets move up 20% in a few weeks and then move back down 20% the next few weeks is that traders need to make a living by taking money from each other.

    At the end of the day, America is a country of losers with a few winners at the top who live on the hill. The winners are the people who buy low and sell high and the losers are the majority who do the opposite (or who don't buy anything at all because they can't afford to.)

    When the army of losers gets large enough, they stage a revolution or start a war.

    Afterward the same people still live on the hill, they just change uniforms and ideologies.

    The lesson is to buy low and sell high while you still can :)

    Reply
  • commenter
    Jul 24 10:57 AM
    On Oil, Gold and Flying Pigs [view article]
    What this guy is saying is a load of rubbish, the oil price was driven up by OPEC under-declaring the capacity of oil fields and by the Gazprom chief and the PetroCanada chief making (deliberate) claims about where the price of oil is going. Its got nothing to do with Peak oil or the Hedgies. Inflation will be rife all over the globe soon, so logically Gold is something to hide behind (I'm keeping my bullion). Forget about Oil I think Uranium is where quite a few people will turn to and I recommend people trade Lead (the California shovel factor). Reply
  • commenter
    Jul 24 08:04 AM
    On Oil, Gold and Flying Pigs [view article]
    Interesting --as more and more people decide its gold, the fundementals say no. The dollar has stopped going down and inflation is nowhere. When housing is dropping like a rock (25% of a workers expenses are housing). We are in deflationary times (like Japan in the 1990s).

    Im buying financials because I believe the downside is overdone and commodities are over priced. If we are approaching a recession, growth will slow. Commodities are grossly over priced for a slow economy.

    What makes a market is disagreement. If we agreed there would be no market.
    Reply
  • commenter
    Jul 24 06:44 AM
    My Website
    On Oil, Gold and Flying Pigs [view article]
    When people see the inflation of the next several years gold will go up. Reply
  • commenter
    Jul 24 06:02 AM
    My Website
    On Oil, Gold and Flying Pigs [view article]
    interesting way to connect the dots. in any event, i am sure the next six months will be an E ticket ride.

    i cannot see how the financials are really undervalued to spark this rally. if i do jump in my finger will be on the sell button.
    Reply
  • commenter
    Jul 24 05:36 AM
    On Oil, Gold and Flying Pigs [view article]
    It is a head-fake rally. We are in a BEAR mkt. Paulson & Bernanke have jawboned this fuddy-duudy rally. When it ends, and it will end soon, GOLD will again be the preferred place to be because the 2 boys above have just again started the printing presses for more US Dollars, which in the end is always inflation, inflation, and more INFLATION. Bottom line - BUY GOLD ON DIPS AND FORGET THIS FUDDY-DUDDY RALLY!!!! Reply
  • commenter
    Jul 18 04:21 PM
    ProShares UltraShort and UltraLong ETFs [view article]
    I wish you would look into QID and why it is never and I mean NEVER 2X the inverse.. I checked out Rydex shares and all their inverse etf's perform grea on a daily basis.. THIS piece of $@^$ is so bad.. Check out what the underlying was when this was trading 57.. THe ndx is lower now and this should be trading close 49 to 52,, Do we have any recourse against Proshares?

    Reply
  • commenter
    Jul 15 07:22 PM
    My Website
    ProShares ETFs: Why Volume Trading Makes a Difference [view article]
    John, That is a great question. I do not have the answer, but I suspect they are using some kind of derivative to produce this. I have found that the Ultra's are fantastic to trade. Good luck. Reply
  • commenter
    Jul 15 07:20 PM
    My Website
    ProShares UltraShort and UltraLong ETFs [view article]
    QID and QLD have been very reliable at 2x.


    Reply
  • commenter
    Jul 15 05:06 PM
    ProShares UltraShort and UltraLong ETFs [view article]
    Thanks for the article.

    I think the Proshares ETF are not reliable.

    Let's take the example of FXP. They are not double short but only 1.7 short.

    The prices are very inconsistent.

    For example:

    I bought FXP on March 6th at 99. That day, FXI closed 135.66.

    On March 24th, FXP was at 106.92 and FXI 128.35 (same as today).

    Today FXP closed at 87.98 and FXI closed at 128.66

    Reply
  • commenter
    Jul 14 05:37 PM
    Fannie and Freddie: When the GSEs Go, So Goes the Dollar [view article]
    Here is an idea, an across the board lowering of interest rates on all existing mortgages instead of attempting to help only those cash strapped borrowers and bailing out the banks who tried to take advantage of those with poor or no credit. That would be the very ones that all contributed to the massive problem that exists. The rates do not encourage any savings. While we are at it let's reduce the exhorbenent rates that are charged by the credit card companies to say a maximum of 10%. Both of these reductions would certainly leave more available cash to fund our consumer driven society. It is always about profit, profit, profit. Just what do all of these companies need with hoardes of cash but to buy other companies anyway. Reply
  • commenter
    Jul 14 02:49 PM
    My Website
    Fannie and Freddie: When the GSEs Go, So Goes the Dollar [view article]
    I just realized that SeekingAlpha doesn't have my post on housing bottom. Here is the link:
    www.1stmillionat33.com.../

    I won't be checking comments here going forward. Frankly, I've got so many things to do, that I don't have any time to pick a fight with anyone. I'm always telling my own opinion. You can take it, object to it, or whatever you want to do with it. My only hope is that you may benefit from my thinking (even if you like to take it contrarianly).

    Regards,

    Frugal
    Reply
  • commenter
    Jul 13 10:59 PM
    My Website
    ProShares UltraShort and UltraLong ETFs [view article]
    Great list. Thanks for the data. Reply
  • commenter
    Jul 13 02:46 AM
    Fannie and Freddie: When the GSEs Go, So Goes the Dollar [view article]
    "Unemployment is increasing. Therefore real estate won't bottom until 2010-2013 because people without jobs can't buy houses."

    First off, I questioned his 2012-13 timeframe; 2010-2013 as a target for the bottom is so broad as to be meaningless. I'm going to pick the World Series winner; it will be a team that plays on natural grass.

    What makes you think employment will be lower in two years than it is now? Since 1960, there have been only five years when employment declined, and only twice has there been less employment than there was two years earlier (1992, 0.25% less than 1990; 2002, 0.3% less than 2000). Even the 1981-2 recession, which was far worse than either 1992 or 2002, saw employment rise in any relevant two-year timeframe.

    Also, the correlation is weak. During the 1990-1992 period, housing prices declined 4.9% (by far the largest drop since 1987); however, during the 2000-2002 period, they increased 24%.
    Reply

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