Seeking Alpha


Send Message
View as an RSS Feed
View 1234gel's Comments BY TICKER:
Latest  |  Highest rated
  • Silver Is Still Searching For A Bottom [View article]
    Silver is still deeply entrenched in a bear market that has entrapped most commodities. For price relief, the expectations of a stronger Dollar will likely be the antidote....... patience will also be beneficial
    Aug 30, 2015. 08:44 PM | Likes Like |Link to Comment
  • This Is Not A Game The Federal Reserve Wants [View article]
    The latest Fed policy has evolved into "Confusion-Infusion". This is non productive as it creates uncertainty which is negative to economic growth. The inverse is better for all markets, as this uncertainty creates volatility which often destroys incentive to invest.

    The Fed has lost sight of it's mandate, and is attempting to become a "nation builder" without portfolio.
    Aug 30, 2015. 08:38 PM | Likes Like |Link to Comment
  • Currency Wars: Precious Metals Accelerate As Global Equity Cataclysm Merely Pushed Out [View article]
    I do agree John...
    Aug 19, 2015. 02:19 AM | Likes Like |Link to Comment
  • Apple Continues To Innovate [View article]
    I am a Canadian, and formerly lived in Vancouver, but now reside in Northern California. The Chinese are more invested in brand loyalty when it comes to quality.

    Hong Kong and Shanghai are the best markets for Louis Vuitton and Gucci and in my opinion Apple will prevail in this market beyond all expectations. Hang on to your hat, boys, and on to your AAPL stock !
    Sep 21, 2013. 04:13 AM | 7 Likes Like |Link to Comment
  • Apple's Big Opportunity: China's Not Going Anywhere [View article]
    Well written article, which enlightens all readers to the magnitude of Apple's potential exposure to the largest market in the world.
    Sep 18, 2013. 05:35 AM | 1 Like Like |Link to Comment
  • What Next For Gold And Silver After A 2 Month Rally? [View article]
    You have correctly articulated the truth, Mr. Moon.... everybody wants to have the US pay for it all, and accordingly receive the likely reprisals of hate.

    We have the solution to much of the problem... become energy independent, and secure our borders to keep out the interlopers. In order to solve the problem, we must first solve our political problems. and that problem is far more difficult than any of the others.
    Sep 2, 2013. 04:05 PM | 4 Likes Like |Link to Comment
  • Why I'm Buying Silver Again [View article]
    Brian... some very nice commentary, and good advice. Personally, I like the "pure" play..... /SI futures.
    Aug 26, 2013. 05:22 PM | 1 Like Like |Link to Comment
  • Silver: Don't Get Too Bullish Just Yet [View article]
    Doug.... A simple answer is usually the most accurate... just like the simple correlation of the strength of Gold and the weakness of the Dollar... it is very simple, but it does give the guidance desired.
    Aug 20, 2013. 06:27 AM | 1 Like Like |Link to Comment
  • Carl Icahn Spells The End Of An Era At Apple [View article]
    Thank you, George. I do agree with you in your assessment AAPL stock could very likely see much more appreciation going forward. I have in the past, traded stocks that have been "influenced" by the methodology executed by Carl Ichan. For this reason, and my past experience, I believe AAPL, the stock, is in for a wild ride.
    Aug 15, 2013. 03:17 AM | Likes Like |Link to Comment
  • Blame The Big Man [View article]
    Many thanks, George... A confluence of individual points of agreement. seem to always add to the probability of success.

    AAPL might very well be the most difficult stock to trade in today's environment, as it seems the fundamentals are not in sync with market sentiment. This often presents a terrific opportunity, if the trader is able to identify the side that has the greater strength.

    For the above reason, I try to seek out the best analysis, and sentiment from some of the most experienced market watchers... that is why my question of opinion was directed to George Acs. ( one of the best ! )
    Jul 15, 2013. 04:58 PM | Likes Like |Link to Comment
  • Blame The Big Man [View article]
    Maybe I am not "nuts", but I definitely do recognize the wisdom of your strategy going into earnings. My cost basis for the stock is about $400. I do expect the options to become far more expensive as the earnings date (7/23) approaches, all a result of IV increase.

    Having read your detailed strategy, I am now more confidant in hopefully gaining from theta decay ( call selling ), and premium selling appreciation ( both calls and puts sold prior to earnings release ). Some might identify this as a "naked condor "

    Since I do not mind owning more shares at $400, I will sell some puts at the ITM price of $400. and sell covered calls OTM @ $450, however using a longer dated expiration date, that will, in effect, create a hedge benefit. This is analogous to a marriage that is uncertain, but a benefit will evolve with either directional outcome.

    Thanks, George, for mentoring my psyche, and also sharing your strategy, that so happens to appear timely for next week's action.

    Much appreciated, as always !
    Jul 14, 2013. 09:47 PM | Likes Like |Link to Comment
  • Blame The Big Man [View article]
    George... thanks for the many good trading ideas with the upcoming earnings.

    With AAPL, and the disappointments experienced by many in the past two earnings reports, it is now a major issue for the upcoming report for Apple's third quarter results. My guess this stock will see some higher than usual volatility in it's options for post ER expiration, and therefore a covered call strategy might be quite profitable, if one takes advantage of selling the increased volatility.

    I am considering selling calls just before the announcement, and then closing out the positions the next day, as the volatility and price diminishes.... Am I "nuts" or maybe even "delusional" ?
    Jul 14, 2013. 11:14 AM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 21......... [View instapost]

    Your analysis is well stated, however I do disagree with the thesis Gold has lost its "safe haven" status.

    In reality, it is the various sovereign fiat currencies that have lost their safety, as they are in a state of mass dilution. You have stated most accurately the lack of inflation, and I do agree. This situation is temporary, as the rate of dilution of currencies in much of the world, will at some time develop into inflationary forces. This is historically supported by so many examples of this practice.

    I therefore believe the many, who understand this historical "end game", will soon begin to accumulate Gold for long term safety against the effects of currency devaluation.

    Price, time and government policy will identify the moment when this sentiment will mature to the point Gold will appreciate in value.
    Jul 9, 2013. 03:51 AM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 21......... [View instapost]
    @ Interesting Times

    Thank you for your comments... much is thought provoking, and this healthy for vigorous discussion. In the past, prior to my exodus as a contributor, I posted my sentiments on the projected movement in the PM markets.

    I at this moment believe we are nearing the inflection point when these markets will reverse direction, and correct to the mean. My reasoning is the markets are shifting, into a different direction, in order to seek long term protection from the depreciation in traditional assets. Specifically, we are currently watching the "roll over" in the bond markets. The traditional buyer of these instruments, were seeking safety, but now realize bonds are the least safe of all havens, as rates are beginning to rise, and bond values are depreciating. The lofty valuations of equities is placing fear into many who have chosen this haven as the safest place to park their wealth.

    With the massive depreciation of PM investments, those seeking safety, in hopes of appreciation, will soon begin to show an interest in the PM and take a position. I look for significant movement in this market this fall, and a likely bottom in Gold at the $1150 price level.

    Reversion to the mean, with inter-market catalysts in play, will jump start the PM markets, in the not too distant future.
    Jul 7, 2013. 11:23 PM | 2 Likes Like |Link to Comment
  • Non-Farm Friday - Payroll Data Sets The Pace [View article]

    I do agree with you... I traded with Phil for approximately three years, and consistently averaged 80% returns yearly... some of which was due to my skills as a trader, but much was a direct result of what I learned as a member of Phil's site.... both from Phil, and the many talented traders that hang out there. You might have been one, however I do not recognize the handle.

    Phil is very compassionate when it comes to the struggle of others, and for this reason I believe he would be considered liberal, politically. Phil, does mean well, however my differences with Phil are isolated to the debatable area of what the best solution is to resolve the imbalances in our income distribution. Herein lies the crux of the alternative solutions going forward, the underlying agreement of the need for change, notwithstanding.

    Phil... if you are reading along... thanks, again for the approximately $ 3 mil I made tagging along with you.... in order to make you feel good for the work you did... I gave the government 50% of it all, so you made your contribution.... no don't feel so guilty !
    Jun 9, 2013. 10:06 PM | 1 Like Like |Link to Comment