swaps

What Investors and Traders Should Do Right Now

He's suggesting that people who have been timid the past nine months can start buying - established companies with yields higher than bank accounts. For those who have missed the rally, these stocks would be a logical entry point for them to get their cash wet. Hopefully they are not rushing in before an autumn fall-back.

Disclosure: CVX

The Market Bubble Is About to Pop

I cashed in my GG and its profits yesterday. Thanks for affirming my decision and countering any second thoughts I would have today.


On Aug 11 07:00 PM untrusting investor wrote:

> Michael,
> Yes, would agree the ST reversal may well be starting. Notice how
> the end of day spike today was down instead of up. We have not seen
> that for many months now (previously the end of day spikes were all
> "stick saves up" presumably by GS and da boys to keep the market
> from correcting down). Maybe GS and da boys may finally have sold
> off most of their long postion inventory and dumped their tanker
> oil plays after running the market up for months now. If so they
> now need much lower prices to be able to accumulate more inventory
> for the next run-up. Also, it was noted that overall market short
> interest (end of July) is at the lowest level since Feb/09. If so,
> they have shaken most weak shorts out by now, which is bound to eliminate
> much of the short covering that has helped the ST rally. In fact
> it may well accelerate a downward correction if significant new short
> selling comes into the market. If GS and da boys are not going to
> support the rally for the ST, then they have been know to massively
> short the market themselves ... gotta keep them multi-billion dollar
> bonuses going, so they will move the market in the direction that
> makes them the most money, which is probably down at this stage of
> the game. Guess we will all find out in the coming weeks.

It's a Dow Theory Buy Signal: Time to Sell?

This morning I intuitively sold out two positions and half of a third as my account fell faster than the DOW for another day in a row.
Jeffrey Saut, I will start following you because your study of moving averages is a valuable piece of information to factor in.
Tony Nasir's observation on the 80-week average significance is interesting - but can a cash bailed out Fed manipulate around the historical markets?
Is Abby late to the party because her co-conspirators have pumped and now they want to dump, to boost their bonus numbers further?

Chevron's Share Price Looks Most Compelling

I liked BP a year ago for its relative lower valuation, but it seems to be a laggard in the oil industry, so I sold off. Sometimes cheaper assets do not attract the Wall Street crowd. The inefficiency of the market.

I sold Chevron to book a profit, then watched it soar higher, then bought in again around 90. I plan to average my shares in cvx. I would in BP too if I thought it would attract more serious attention.

By the way, does anyone remember Picken's auto bio and his venture into the North Sea. After his company developed the Beatrice filed, the British government essentially took it away from him. Yet the Brits caved in to Irgun.