PT UTLRSHRT QQQ PS (QID)
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- Credit Cards and Exchanges: The Only Safe Ways to Play the Financials [view article]
- Double Short ProShares ETFs [view article]
- Fannie and Freddie: When the GSEs Go, So Goes the Dollar [view article]
- Bank Stocks: Another Day Through The Looking Glass [view article]
- Inverse (Short) Market Cap ETFs [view article]
- On Oil, Gold and Flying Pigs [view article]
- ProShares UltraShort and UltraLong ETFs [view article]
- ProShares ETFs: Why Volume Trading Makes a Difference [view article]
- Wednesday Options Outlook: CHK, YHOO, QID, SNDK, ARM, HOV [view article]
- More Woes Ahead for U.S. Stocks [view article]
- Oil Rises, Dow Falls - Fast Money Recap (6/26/08) [view article]
- Avoid Options on Inverse Index ETFs [view article]
loading ...Recent QID Articles
- Credit Cards and Exchanges: The Only Safe Ways to Play the Financials
- Double Short ProShares ETFs
- Bank Stocks: Another Day Through The Looking Glass
- On Oil, Gold and Flying Pigs
- ProShares UltraShort and UltraLong ETFs
- Fannie and Freddie: When the GSEs Go, So Goes the Dollar
- Wednesday Options Outlook: CHK, YHOO, QID, SNDK, ARM, HOV
- More Woes Ahead for U.S. Stocks
- Tuesday Outlook: Oversold Conditions Remain
- ProShares ETFs: Why Volume Trading Makes a Difference
- Full List of Articles »
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Watch the Double-Inverse ETF for Sentiment [view article]
This statement:"Volume patterns in this ETF demonstrate that the QID can be an effective contrarian indicator." Makes no sense whatsoever. Why bother even entering this piece? Reply
Watch the Double-Inverse ETF for Sentiment [view article]
The correlation is not that evident. The volume spikes in August 07 and March 08 correspond to low points in the NDX, while spikes in Nov 07 and May 08 correspond to high points in the NDX. ReplyWatch the Double-Inverse ETF for Sentiment [view article]
Bill - - -Ignore the trash talk and keep up the good work! Reply
Watch the Double-Inverse ETF for Sentiment [view article]
Good insight. I look forward to reading your future postings on this subject. ReplyWatch the Double-Inverse ETF for Sentiment [view article]
Inverse ETF's are, of course, an easy way of making a profit when you think things are going to hell, in general, or even in particular.They give a new meaning to the concepts of economic pessimism and the orderly decline of markets: We don't have to feel guilty anymore predicting bad things, if we truly see them coming, because we can still make money, lots of it, on the way down.
Without them, there would be even more dishonest "talking markets up" than there is now, and there's far too much of it already.
Tracking pessimistic predictions can be just as useful as tracking optimistic predictions. Reply
Watch the Double-Inverse ETF for Sentiment [view article]
Was this an article, or a catchy headline to sell ad space? ReplyOptions Trader: Monday Outlook [view article]
I love this concept of selectively addressing things you can. You still have not addressed NG and Sugar, or your moronic argument about Open interest driving prices.Your argument from 2006 showed how wrong you were in the longer term. If "oil was the biggest lie of the last 24 months" back then. how did it increase another 100% from those peaks?
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Options Trader: Monday Outlook [view article]
LOL Saifl, how can you be so spectacularly wrong while acting so sanctimonious? In Aug 2006 oil had run from $40 to $79 in 2 years and in January it was back at $51. It pretty much went straight south from the point where you are quoting me and yes, you are right, they were using the same BS con job arguements then that they are now.You can have fun betting this time will have a different outcome but I'll thank you for pointing out that I called it on the money then and I am equally outraged now.
Meanwhile, just so you can keep up, we cashed our XOM longs today and picked up some USO puts at $111.
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Options Trader: Monday Outlook [view article]
You are so retarded that I am beginning to think that this is a waste of time...but your comment about only the long positions held shows that if we tripled your IQ it would not land in double digits...Also just becuase something is traded does not mean it needs to be delivered. traders trade stocks everyday...85% of the volume is day trading. You would probably something as stupid as if all those people who bought Cisco "forced delivery" Cisco would go to $200 or if all those sellers who day trade let their positions sit and not cover it would go $1.
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Options Trader: Monday Outlook [view article]
So the long-term supply picture ignores the fact that there are 3 Trillion barrels of oil shale up in Canada (forecasts typically rely on getting just 4M barrels a day from Canada by 2030, despite what Suncor may tell its investors) and assume that coal and nuclear consumption will remain flat.Demand forecasts assume that the US drivers will continue to average just 21 mpg even though European drivers have been at 35 mpg since 2003. There is also the assumption that the world economy will continue expanding at this breakneck pace no matter what they charge for a barrel of oil.
This is why the long rates are heading down. In the long run, all lies are revealed and the oil lie of the past 24 months is one of the biggest ever told. I'm just not so sure how fast it will come undone as the "shortage" has moved from rumor to common knowledge in record time thanks to the incredible spin that has been placed on it by an unprecedented cooperation of Big Oil, OPEC, and our own government, which happens to be run by two oil men...
By
Phil Davis Aug 2006.
At least my track record on oil is much better than his. Reply
Options Trader: Monday Outlook [view article]
Of course being one of your "fans" I agree. Poor SAIFL - he's probably one of those poor souls who actually listens to the bullshit that GS et.al put out. And yet they seem to have problems defining their own problems. And he even quotes the gov concerning speculators. I did finish the 5th grade all on my own - I suspect he probably had to be pushed out of preschool. Idiot. ReplyOptions Trader: Monday Outlook [view article]
Tell you what if oil is a bubble it should burst at some point right? Will you shut up if oil averages of $150 in 2009? ReplyOptions Trader: Monday Outlook [view article]
"As you mention, there are still, even after the mass dumping of contracts, 282,411,000 (1,000 barrels per contact) barrels of oil scheduled for July delivery at $131 per barrel. Let's follow up every day and see how many of these barrels there is really a demand for and how many are total BS. I'll be putting my bet that 240,000 of those contracts are cancelled over the next 10 days."Yes Moron why does the price not fall on the expiration of each contract?What about NG? the short position there and the OI is much higher? No explanation? What about Sugar? you have been spewing your BS since oil was in the 50's. And if i remember correctly you first went short in the 110's range.
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Options Trader: Monday Outlook [view article]
Sorry Saifl but you are dead wrong and also sorry but we had a hugely profitable day because not only were we short on oil at the outset but we jumped all over the BS morning bounce and doubled up our positions.You'll be very happy to know we bought some XOM calls into the close as we expect you'll be chasing that one tomorrow morning - feel free to rant and rave some more so we can catch the next top, probably tomorrow's inventory report....
It doesn't matter how many contracts are short when there are reported and unreported exchanges - it's a total joke and you treat it as gospel. We just see it differently. As I'm sure you know it's 'open interest" in front-month contracts that drives the price of oil in this country and 50,000 long contracts (20%) were dumped on the NYMEX in the past 2 days:
futures.tradingcharts....
That, by the way, would be a reference to what I am saying that people can verify, as opposed to spewing a bunch of quesitonable figures and then basing my premise on that...
As you mention, there are still, even after the mass dumping of contracts, 282,411,000 (1,000 barrels per contact) barrels of oil scheduled for July delivery at $131 per barrel. Let's follow up every day and see how many of these barrels there is really a demand for and how many are total BS. I'll be putting my bet that 240,000 of those contracts are cancelled over the next 10 days. That's an entire month of US imports that, if we forced delivery, would arrive in Cushing OK during the month of July.
The FACT is that we don't need them at all. There is so much oil in this country and being produced around the world and floating around in tankers that all there is for the traders to do is fiddle around with contracts they have no intention of accepting because no one actually needs the oil they are trading - it's a speculative vehicle and nothing more but, sadly, this is how we set the price for all the crude that is actually delivered.
It's a sick system and you are an excellent example of the kind of people who defend it so thank you for giving me something to point to when I discuss the oil apologists.
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Options Trader: Monday Outlook [view article]
"Stocks fell when they should be building". yeah sounds like a bubble! Reply