bruno12's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/105363/comments http://seekingalpha.com/article/146269-new-macroshares-up-down-housing-funds-don-t-really-track-case-shiller?source=feed#comment-570229 570229 Wed, 01 Jul 2009 13:32:51 -0400 http://seekingalpha.com/article/144806-the-10-hottest-commodities-of-2009?source=feed#comment-559324 559324 Tue, 23 Jun 2009 15:08:53 -0400 http://seekingalpha.com/article/143665-dr-stephen-leeb-on-commodities-and-inflation-is-he-a-genius-or-alarmist?source=feed#comment-550683 550683 Wed, 17 Jun 2009 14:38:25 -0400 http://seekingalpha.com/article/142600-etfs-are-a-scam-i-don-t-think-so?source=feed#comment-542470 542470 Thu, 11 Jun 2009 13:33:38 -0400 http://seekingalpha.com/article/141804-manipulation-of-the-gold-market?source=feed#comment-537214 537214 Mon, 08 Jun 2009 11:55:51 -0400 http://seekingalpha.com/article/138040-macroshares-to-shutter-up-down-oil-funds-for-second-time?source=feed#comment-507758 507758 Sun, 17 May 2009 21:55:35 -0400 http://seekingalpha.com/article/129466-make-diebold-your-personal-atm?source=feed#comment-452631 452631 Sun, 05 Apr 2009 16:53:44 -0400 http://seekingalpha.com/article/129465-gold-and-silver-to-buy-or-not-to-buy?source=feed#comment-452584 452584 Sun, 05 Apr 2009 15:38:39 -0400 http://seekingalpha.com/article/120159-stocks-are-doomed-only-cash-or-precious-metals-may-survive?source=feed#comment-386354 386354 Thu, 12 Feb 2009 17:42:49 -0500 http://seekingalpha.com/article/116497-12-commodity-based-short-etfs?source=feed#comment-367769 367769 Tue, 27 Jan 2009 12:56:32 -0500 http://seekingalpha.com/article/112014-roger-wiegand-oil-prices-create-industry-havoc?source=feed#comment-351653 351653
Roger Wiegand: What’s happened is that we thought oil would go to new highs, and it looked that way on the charts for the longer term technically. Other top technical advisors and institutions like Goldman Sachs had analysts’ prices that were pretty much in line with ours. They were looking at $150, $147 crude oil prices just like we were, and expecting them to go even higher. Then, of course, the credit crisis smash arrived and markets came down.

I agree that he should have seen the effect of the credit crisis in early October of 2008. Anybody can see it looking backwards. If I was going to pay for his advice, I would expect him to see it beforehand, or at least while it was happening, as was the case in early October. He was also way off on his predictions for gold and silver for the December 2008 contracts.]]> Sat, 10 Jan 2009 10:57:37 -0500
Roger Wiegand: What’s happened is that we thought oil would go to new highs, and it looked that way on the charts for the longer term technically. Other top technical advisors and institutions like Goldman Sachs had analysts’ prices that were pretty much in line with ours. They were looking at $150, $147 crude oil prices just like we were, and expecting them to go even higher. Then, of course, the credit crisis smash arrived and markets came down.

I agree that he should have seen the effect of the credit crisis in early October of 2008. Anybody can see it looking backwards. If I was going to pay for his advice, I would expect him to see it beforehand, or at least while it was happening, as was the case in early October. He was also way off on his predictions for gold and silver for the December 2008 contracts.]]> http://seekingalpha.com/article/110849-in-the-long-run-the-dollar-is-dead?source=feed#comment-330896 330896 Tue, 16 Dec 2008 10:15:52 -0500 http://seekingalpha.com/article/98652-long-gold-and-silver-a-lifeline-for-struggling-hedge-funds?source=feed#comment-274864 274864 Mon, 06 Oct 2008 13:32:50 -0400 http://seekingalpha.com/article/91100-forget-100-a-barrel-oil-will-plummet-to-30?source=feed#comment-234183 234183 Tue, 19 Aug 2008 15:21:45 -0400 http://seekingalpha.com/article/90772-do-we-need-an-alternative-energy-manhattan-project?source=feed#comment-230396 230396 The 128 corridor is already a research center. There is no way Congress is going to lead the way to solve the energy crisis no matter which party is control If they were in charge of the space program step by step we would still not be on the moon. They just need to fund a NASA type program and let the scientists and industry go to work.
]]> Thu, 14 Aug 2008 13:22:25 -0400 The 128 corridor is already a research center. There is no way Congress is going to lead the way to solve the energy crisis no matter which party is control If they were in charge of the space program step by step we would still not be on the moon. They just need to fund a NASA type program and let the scientists and industry go to work.
]]> http://seekingalpha.com/article/89774-test-driving-some-exchange-traded-oil-vehicles?source=feed#comment-226299 226299 Fri, 08 Aug 2008 14:06:41 -0400 http://seekingalpha.com/article/85776-etf-pick-of-the-week-proshares-ultrashort-oil-gas?source=feed#comment-210573 210573 Mon, 21 Jul 2008 10:31:51 -0400 http://seekingalpha.com/article/85776-etf-pick-of-the-week-proshares-ultrashort-oil-gas?source=feed#comment-209948 209948 Thursday July 3, 11:10 am ET
By Tom Lydon

Tom Lydon (ETF Trends) submits:
Just as two ETFs tied to the price movements of oil reached their termination triggers and closed on June 25, two more will be entering the market space to replace them.
MacroMarkets launched MacroShares $100 Oil Up (AMEX: UOY - News) and MacroShares Oil Down (AMEX: DOY - News) yesterday. These funds are the second products from the provider.

The previous funds - MacroShares Oil Up (CDNX: UCR.V - News) and MacroShares Oil Down - had a termination trigger built in that stated if the price of oil stayed at or above $111 a barrel for three consecutive days, the funds would terminate. As we all know, oil is well above that price point now and, and the trigger was set off on April 16.

As outlined in the prospectus, the net asset value [NAV] will be returned to investors. Investors in UCR will receive the full value, while DCR investors will receive nothing.

MacroMarkets President and CEO Sam Masucci says the first two funds were a big success in their 18 months of life, gathering $1.5 billion in assets and trading 17 million shares a day at their close on June 25.

Just as their predecessors had been, UOY and DOY are paired products that track the price movements of West Texas intermediate oil. The starting price for a share is $25, representing one-quarter of the benchmark oil price. As the price rises and falls, assets are transferred back and forth dollar-for-dollar between the Up and Down trusts.

The termination trigger for the new funds is $185 a barrel.

]]> Sun, 20 Jul 2008 14:12:17 -0400 Thursday July 3, 11:10 am ET
By Tom Lydon

Tom Lydon (ETF Trends) submits:
Just as two ETFs tied to the price movements of oil reached their termination triggers and closed on June 25, two more will be entering the market space to replace them.
MacroMarkets launched MacroShares $100 Oil Up (AMEX: UOY - News) and MacroShares Oil Down (AMEX: DOY - News) yesterday. These funds are the second products from the provider.

The previous funds - MacroShares Oil Up (CDNX: UCR.V - News) and MacroShares Oil Down - had a termination trigger built in that stated if the price of oil stayed at or above $111 a barrel for three consecutive days, the funds would terminate. As we all know, oil is well above that price point now and, and the trigger was set off on April 16.

As outlined in the prospectus, the net asset value [NAV] will be returned to investors. Investors in UCR will receive the full value, while DCR investors will receive nothing.

MacroMarkets President and CEO Sam Masucci says the first two funds were a big success in their 18 months of life, gathering $1.5 billion in assets and trading 17 million shares a day at their close on June 25.

Just as their predecessors had been, UOY and DOY are paired products that track the price movements of West Texas intermediate oil. The starting price for a share is $25, representing one-quarter of the benchmark oil price. As the price rises and falls, assets are transferred back and forth dollar-for-dollar between the Up and Down trusts.

The termination trigger for the new funds is $185 a barrel.

]]> http://seekingalpha.com/article/85776-etf-pick-of-the-week-proshares-ultrashort-oil-gas?source=feed#comment-209944 209944 Sun, 20 Jul 2008 14:08:40 -0400