lobsterboy's Comments lobsterboy's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/142994/comments Forget $100 a Barrel - Oil Will Plummet to $30 http://seekingalpha.com/article/91100-forget-100-a-barrel-oil-will-plummet-to-30?source=feed#comment-232812 232812 Agreed, they shouldn't let this guy post anymore.]]> Mon, 18 Aug 2008 01:23:21 -0400 Agreed, they shouldn't let this guy post anymore.]]> Options Trader: Monday Outlook http://seekingalpha.com/article/90321-options-trader-monday-outlook?source=feed#comment-228353 228353 Mon, 11 Aug 2008 22:57:17 -0400 Options Trader: Friday Outlook http://seekingalpha.com/article/88579-options-trader-friday-outlook?source=feed#comment-224622 224622 Companies now small growing rapidly selling technology that basically makes all energy that is used more effective. Houses, office buildings automatically knowing when you leave or enter a room learning as time goes on.


On Aug 03 10:00 AM gigem77 wrote:

> So copper and oil need to fall, the dollar needs to recover over
> 75 and housing needs to bottom. Well, that reminds me of an old joke
> about a couple of cowboys crossing West Texas. One says, "all this
> country needs is some water and a few good men". The other responds,
> "that's all hell needs".
>
> Chinese oil imports just hit 8 million barrels per day. That year
> over year growth more than compensated for the drop in U.S. consumption.
> tinyurl.com/5wlpof
>
> Growth in population and in the middle classes of China and India
> will keep upward pressure on commodity prices.
>
> Bernanke cannot adopt the policies of Volcker without killing the
> banking system that he is trying to save. Ergo, the dollar is toast.
>
>
> The fact that a failed former fed chairman can still move the stock
> market is an indication of how speculative and fragile it has become.
>
>
> We pulled out of the recession of the 80's with massive new innovations
> in computers and communications. What's the basis for optimism this
> time? That's where I want to invest.
> ]]>
Wed, 06 Aug 2008 23:21:56 -0400 Companies now small growing rapidly selling technology that basically makes all energy that is used more effective. Houses, office buildings automatically knowing when you leave or enter a room learning as time goes on.


On Aug 03 10:00 AM gigem77 wrote:

> So copper and oil need to fall, the dollar needs to recover over
> 75 and housing needs to bottom. Well, that reminds me of an old joke
> about a couple of cowboys crossing West Texas. One says, "all this
> country needs is some water and a few good men". The other responds,
> "that's all hell needs".
>
> Chinese oil imports just hit 8 million barrels per day. That year
> over year growth more than compensated for the drop in U.S. consumption.
> tinyurl.com/5wlpof
>
> Growth in population and in the middle classes of China and India
> will keep upward pressure on commodity prices.
>
> Bernanke cannot adopt the policies of Volcker without killing the
> banking system that he is trying to save. Ergo, the dollar is toast.
>
>
> The fact that a failed former fed chairman can still move the stock
> market is an indication of how speculative and fragile it has become.
>
>
> We pulled out of the recession of the 80's with massive new innovations
> in computers and communications. What's the basis for optimism this
> time? That's where I want to invest.
> ]]>
Holding Positions Over the Weekend: Debunking the Monday Myth? http://seekingalpha.com/article/89433-holding-positions-over-the-weekend-debunking-the-monday-myth?source=feed#comment-224614 224614 Wed, 06 Aug 2008 23:10:38 -0400 On Short-Sellers and Dishonest Executives http://seekingalpha.com/article/88883-on-short-sellers-and-dishonest-executives?source=feed#comment-222823 222823
I too think naked short selling is terrible and I worked a market where actually added to liquidity, however, I also seen naked shorting destroy companies. You have proven short sellers like Rocker funds who's research and clout with other shorts-hedge funds in the market team up on those stocks putting pressure that normally wouldn't exist because most people could get a locate to short a extremely "tight" stock.
I agree with glassbox the average investor doesn't know that their shares are being used in some cases against that. Of course you can always move those to cash and the brokerage cannot borrow them but in most cases those brokerages make a lot of money borrowing shares of those clients so it doesn't matter anyways.

Typically Prime brokers make large amounts on those "tight stocks" it is a daily rate that's computed internally on how hard they are to locate. I can tell you this, that revenue in this current environment is sorely needed.

lobster]]>
Mon, 04 Aug 2008 22:57:59 -0400
I too think naked short selling is terrible and I worked a market where actually added to liquidity, however, I also seen naked shorting destroy companies. You have proven short sellers like Rocker funds who's research and clout with other shorts-hedge funds in the market team up on those stocks putting pressure that normally wouldn't exist because most people could get a locate to short a extremely "tight" stock.
I agree with glassbox the average investor doesn't know that their shares are being used in some cases against that. Of course you can always move those to cash and the brokerage cannot borrow them but in most cases those brokerages make a lot of money borrowing shares of those clients so it doesn't matter anyways.

Typically Prime brokers make large amounts on those "tight stocks" it is a daily rate that's computed internally on how hard they are to locate. I can tell you this, that revenue in this current environment is sorely needed.

lobster]]>
Options Trader: Friday Outlook http://seekingalpha.com/article/88579-options-trader-friday-outlook?source=feed#comment-221175 221175



On Aug 02 09:21 AM BSchecker wrote:

> After the week of adjusting GOOG and AAPL, really not alot going
> on.
> MER trade worked well as did BAC as I mentioned earlier in the week.
>
> ELN was an interesesting gamble so can't really find fault there.
> Mentioned in the post so no issues. Sept calls pretty much totally
> lost. But the 20 puts sold are going to be tough to recover from.
> Had another blow up yesyerday let's see if we learn about it on Monday.]]>
Sat, 02 Aug 2008 16:40:58 -0400



On Aug 02 09:21 AM BSchecker wrote:

> After the week of adjusting GOOG and AAPL, really not alot going
> on.
> MER trade worked well as did BAC as I mentioned earlier in the week.
>
> ELN was an interesesting gamble so can't really find fault there.
> Mentioned in the post so no issues. Sept calls pretty much totally
> lost. But the 20 puts sold are going to be tough to recover from.
> Had another blow up yesyerday let's see if we learn about it on Monday.]]>
The Market as a House of Cards http://seekingalpha.com/article/88479-the-market-as-a-house-of-cards?source=feed#comment-220827 220827 One comment I do have is that fact that many on SA talk about all the terrilbe things that this FETV but they continue to watch or know all the people. Turn it off: that would be a start. ]]> Sat, 02 Aug 2008 00:58:21 -0400 One comment I do have is that fact that many on SA talk about all the terrilbe things that this FETV but they continue to watch or know all the people. Turn it off: that would be a start. ]]> Uh Oh - If Grantham's Scared ... http://seekingalpha.com/article/88350-uh-oh-if-grantham-s-scared?source=feed#comment-220821 220821 Sat, 02 Aug 2008 00:13:35 -0400 Options Trader: Friday Outlook http://seekingalpha.com/article/88579-options-trader-friday-outlook?source=feed#comment-220814 220814 I've found that the more you have to lose the more extreme the peaks and valleys. Of course, if it's not your money(used to be a MM on the OTC) it takes larger positions to explore those emotions.

Phil,
I thought mkt action was interesting today most financials acted well. Possiblity that dow continues to churn upwords maybe testing the 200dma.]]>
Sat, 02 Aug 2008 00:03:48 -0400 I've found that the more you have to lose the more extreme the peaks and valleys. Of course, if it's not your money(used to be a MM on the OTC) it takes larger positions to explore those emotions.

Phil,
I thought mkt action was interesting today most financials acted well. Possiblity that dow continues to churn upwords maybe testing the 200dma.]]>
Uh Oh - If Grantham's Scared ... http://seekingalpha.com/article/88350-uh-oh-if-grantham-s-scared?source=feed#comment-219803 219803 Thu, 31 Jul 2008 22:19:37 -0400 Options Trader: Tuesday Outlook http://seekingalpha.com/article/87649-options-trader-tuesday-outlook?source=feed#comment-217973 217973 Tue, 29 Jul 2008 23:21:20 -0400 Options Trader: Friday Outlook http://seekingalpha.com/article/87065-options-trader-friday-outlook?source=feed#comment-215220 215220 thanks for responding to me, I do appreciate it. I have read your update daily and do so enjoy the pictures you add to the articles. I guess more information is better and since I am not a member of your news letter I couldn't speak to the pics you make, but I do know this you have is some cases provided some thoughtful insight and for that I say thanks.
The reason I like this forum is just b/c it's not yahoo.
Thanks,
Lobster]]>
Sat, 26 Jul 2008 16:31:21 -0400 thanks for responding to me, I do appreciate it. I have read your update daily and do so enjoy the pictures you add to the articles. I guess more information is better and since I am not a member of your news letter I couldn't speak to the pics you make, but I do know this you have is some cases provided some thoughtful insight and for that I say thanks.
The reason I like this forum is just b/c it's not yahoo.
Thanks,
Lobster]]>
The Dead Cat Returns to Earth http://seekingalpha.com/article/87062-the-dead-cat-returns-to-earth?source=feed#comment-214735 214735
Back on TOpic: I can never tell what Cramer is actually talking about he's been wrong so many times about individuals stocks its hard to listen to him when it comes to politicial policy. This market I think will test lows again once oil goes up.]]>
Fri, 25 Jul 2008 17:22:56 -0400
Back on TOpic: I can never tell what Cramer is actually talking about he's been wrong so many times about individuals stocks its hard to listen to him when it comes to politicial policy. This market I think will test lows again once oil goes up.]]>
Options Trader: Friday Outlook http://seekingalpha.com/article/87065-options-trader-friday-outlook?source=feed#comment-214722 214722 Fri, 25 Jul 2008 17:10:40 -0400 Today's Payrolls Number - How Bad Will It Be? http://seekingalpha.com/article/83595-today-s-payrolls-number-how-bad-will-it-be?source=feed#comment-197528 197528 Wed, 02 Jul 2008 17:22:28 -0400 CNBC: Sue Herrera Tells It Like It Is http://seekingalpha.com/article/76346-cnbc-sue-herrera-tells-it-like-it-is?source=feed#comment-164507 164507
On a side note, I would like to comment on another Dennis: Dennis Gartman. Now, I don't get his news letter but most of the calls that he makes on FAST MONEY are so inccorrect or obvious. "I wouldn't be long of gold here," you'll here that one night and then the next night he's like "I am glad I have a large gold position" What a joke.. ]]>
Thu, 08 May 2008 20:24:10 -0400
On a side note, I would like to comment on another Dennis: Dennis Gartman. Now, I don't get his news letter but most of the calls that he makes on FAST MONEY are so inccorrect or obvious. "I wouldn't be long of gold here," you'll here that one night and then the next night he's like "I am glad I have a large gold position" What a joke.. ]]>
As With Fertilizer Commodities, POT Bubbles http://seekingalpha.com/article/74970-as-with-fertilizer-commodities-pot-bubbles?source=feed#comment-160115 160115 Thu, 01 May 2008 11:37:25 -0400 Thursday Outlook: 'As Advertised' http://seekingalpha.com/article/75085-thursday-outlook-as-advertised?source=feed#comment-159989 159989 Thu, 01 May 2008 08:53:43 -0400 No Uptick Rule: A Convenient Scapegoat? http://seekingalpha.com/article/74825-no-uptick-rule-a-convenient-scapegoat?source=feed#comment-159191 159191
Naked shorting is the problem, not shorting on a down tick.]]>
Wed, 30 Apr 2008 08:11:49 -0400
Naked shorting is the problem, not shorting on a down tick.]]>
The Impending Mortgage Crisis http://seekingalpha.com/article/73552-the-impending-mortgage-crisis?source=feed#comment-156023 156023
and the market continues to go up 12,902.77 +139.55 (+1.09%) look out below....]]>
Thu, 24 Apr 2008 14:01:20 -0400
and the market continues to go up 12,902.77 +139.55 (+1.09%) look out below....]]>
T. Boone Pickens Says Oil is Going Higher http://seekingalpha.com/article/72831-t-boone-pickens-says-oil-is-going-higher?source=feed#comment-153346 153346 Jeez, T bone pickens was wrong with his short in Oil. If he held on until now he was going through some serious pain. I think he made that short call when it was $90 a barrel now pushing $117. Obviously his return for the quarter reflects that.
He might be trading this thing backwards now, IMHO it's probably going to push upwards the lower 120's and pull back for now.
I would agree that the falling dollar vs. long oil is the hedge that money managers are using. The problem with this whole scenario it that inflation is now a problem and it will become will become much worst before this is over.
]]>
Sat, 19 Apr 2008 09:55:10 -0400 Jeez, T bone pickens was wrong with his short in Oil. If he held on until now he was going through some serious pain. I think he made that short call when it was $90 a barrel now pushing $117. Obviously his return for the quarter reflects that.
He might be trading this thing backwards now, IMHO it's probably going to push upwards the lower 120's and pull back for now.
I would agree that the falling dollar vs. long oil is the hedge that money managers are using. The problem with this whole scenario it that inflation is now a problem and it will become will become much worst before this is over.
]]>
Ultra and Inverse ETFs: The Downside of Doubling Up http://seekingalpha.com/article/72106-ultra-and-inverse-etfs-the-downside-of-doubling-up?source=feed#comment-150828 150828
If you think the added ummmhhff with these are fun try trading options on them, it adds a whole new meaning to them but if your truely trying to hedge a portfolio these options are PERFECT.]]>
Mon, 14 Apr 2008 23:29:08 -0400
If you think the added ummmhhff with these are fun try trading options on them, it adds a whole new meaning to them but if your truely trying to hedge a portfolio these options are PERFECT.]]>
As Confidence Drops, Americans Shop Cheap http://seekingalpha.com/article/72003-as-confidence-drops-americans-shop-cheap?source=feed#comment-149104 149104 Fri, 11 Apr 2008 13:53:24 -0400 Friday Outlook: Place Your Bets http://seekingalpha.com/article/62636-friday-outlook-place-your-bets?source=feed#comment-114182 114182 "Among other issues the ETF Digest maintains long or short positions in: SH, SDS, TWM, RWM, PSQ, IEF, GLD, DBC and DBA."
You seem bearish; I think to add more creditably you should be specific what you’re long and short in. Or let me guess what you are:
Long SDS, IEF, GLD, DBC and shortTWM? ]]>
Fri, 01 Feb 2008 22:16:23 -0500 "Among other issues the ETF Digest maintains long or short positions in: SH, SDS, TWM, RWM, PSQ, IEF, GLD, DBC and DBA."
You seem bearish; I think to add more creditably you should be specific what you’re long and short in. Or let me guess what you are:
Long SDS, IEF, GLD, DBC and shortTWM? ]]>
6 Reasons to Short Housing Stocks http://seekingalpha.com/article/62472-6-reasons-to-short-housing-stocks?source=feed#comment-114181 114181 Fri, 01 Feb 2008 22:14:05 -0500 6 Reasons to Short Housing Stocks http://seekingalpha.com/article/62472-6-reasons-to-short-housing-stocks?source=feed#comment-114180 114180 "Among other issues the ETF Digest maintains long or short positions in: SH, SDS, TWM, RWM, PSQ, IEF, GLD, DBC and DBA."
You seem bearish; I think to add more creditably you should be specific what you’re long and short in. Or let me guess what you are:
Long SDS, IEF, GLD, DBC and shortTWM?
]]>
Fri, 01 Feb 2008 22:13:01 -0500 "Among other issues the ETF Digest maintains long or short positions in: SH, SDS, TWM, RWM, PSQ, IEF, GLD, DBC and DBA."
You seem bearish; I think to add more creditably you should be specific what you’re long and short in. Or let me guess what you are:
Long SDS, IEF, GLD, DBC and shortTWM?
]]>
6 Reasons to Short Housing Stocks http://seekingalpha.com/article/62472-6-reasons-to-short-housing-stocks?source=feed#comment-114175 114175 IMHO) Buy a far out PUT(time wise) and near were the stock is trading, you'll be happy you did if the stock goes against you in a big way.]]> Fri, 01 Feb 2008 21:49:12 -0500 IMHO) Buy a far out PUT(time wise) and near were the stock is trading, you'll be happy you did if the stock goes against you in a big way.]]> 4 Prior Market Crashes http://seekingalpha.com/article/61266-4-prior-market-crashes?source=feed#comment-112549 112549
Only suggestion if you like to trade, stay nimble, hord cash, take smaller profits.]]>
Wed, 23 Jan 2008 21:43:15 -0500
Only suggestion if you like to trade, stay nimble, hord cash, take smaller profits.]]>
What if the Fed Cut Doesn't Help? http://seekingalpha.com/article/61017-what-if-the-fed-cut-doesn-t-help?source=feed#comment-112307 112307
Seems like the cut has helped around the world so far, with more cuts in store. ]]>
Tue, 22 Jan 2008 19:57:23 -0500
Seems like the cut has helped around the world so far, with more cuts in store. ]]>