pooramerican

19 Comments

    • Going to Hell in a Handbasket: The Rush To Protect More Stocks [view article]
      Poor lehman, if only they had goldman in their name!!! Sep 20 03:33 PM
    • This Is a Trader’s Market, Volatility Demands It [view article]
      Bill,
      You predicted in BusinessWeek the december issue of last December that DOW will be 13000 by december. How does that fit with you article here?Are you saying we are going to charge at 13000 before we hit 10000.The Dow chart and I am a beginner seem to get a bounce around that 11000 mark and there is a long consolidation pattern in that are running from December 2006 to early 2007 before the rally to 14000. It looks to me that the dow is ready for a long leg down but what are the chances we don't get a mini rally here that pushes above 12700?       Sep 08 09:14 PM
    • The Cyclical Nature of Markets [view article]
      Bill,
      What do you think about fertilizers here?potash company specifically IPI.
      Also, I like TCK and ABX mainly because of their leadership in their sectors and because of their recent energy acquisitions.I personally think Oil touches 90s and then rallies secretly when the next bull comes because headlines were be all about the economy recovering and the dollar appreciating.       Aug 08 02:44 AM
    • Massey Energy Posts Big Number But Big Charge Too [view article]
      Oil is in a downtrend, till it tests $117 then we will see. I personally we see $95-105 and stale there for a while.I think funds are selling energy companies and buying refiners. I am thinking about picking up valero, SOLF and IPI but I am going to wait a little bit.
      later on, probably around oct. I would like to buy BTU, ABX , TCK.       Aug 02 12:31 AM
    • Financials: How - And When - We Reached the Bottom [view article]
      Those who earn money, have trillions of dollars in their reserves. once they all move to a 'basked of currency' and their citizens reach 'consumer grade' we will no longer be necessary to fuel the global consumption.
      I think we are due for a bounce technically, financials are beaten down and it is quarter time so we will see another 2-3 months rally of sorts. There is one glimpse of good news: investment banks are not borrowing as much in the last month or so. I suppose they made enough money buying oil futures and then raising price targets, good for them.
      I want to buy potash companies but a little nervous, also want to buy some bulk shipping companies. certainly don't think financials are a bargain. I would go to tech though I think tech has been getting sold for such a long time and I think it is a sector that has a chance of survival especially tech services type not the hardware types.       Jul 22 04:20 PM
    • Why I'm Restarting Kinross Gold [view article]
      I think gold is the most undervalued commodity. it should be $1200 at least. I am glad it did not break $800 in the last correction($790). I don't know much about kgc but I have been following ABX and TCK and I think both are pretty good companies with very good potential. I like NEM and ABX. NEM is very good at saving costs and ABX is making the right move by trying to acquire the energy division of cadence to lower their power bill.
       Jul 19 01:10 AM
    • Even the Legends Are Losing in Today's Markets [view article]
      Go long on Monday Jul 11 11:44 PM
    • Oversold and Headed for a Triple Bottom? [view article]
      Why you think hedge fund computers are bullish?I think they are instructed to be bearish and they sell all rallies with volumes.
       Jun 30 01:26 AM
    • Dollar Reversal Underway? [view article]
      this is not the first time there was a net long position in the USD. Such position also existed about 6-8 weeks ago if I remember correctly but it did not sustain.

      I am bearish on europe in terms of economy: Aside from russia and former soviet union nations they too need to import a lot of stuff and they have very high unemployment and entitlement programs. They are socially struggling but the soccer events are probably holding them together. I just don't see europe as the 'awakened giant' or 'the comeback kid'. they may raise interest rates, they may have less foreclosures but they just don't have the natural or human resources to compete. It is all china from here and it has been in the last 5 years.       Jun 23 07:40 PM
    • Double Bottom Forming or Just a Pit Stop on the Way Down? [view article]
      I think we are about to see another big leg down.
      in terms of support, the S&P looks really broken now: 1348 was taken out(50% retraction from the rally's high) and 1326 was taken out today. I am looking for 11500 on the dow to see if if that will hold.What I am most interested at this moment is gold price       Jun 21 01:49 AM
    • S&P 500 is Testing the Bottom of Its Range [view article]
      I want to believe that everything will be ok in 6 months, but with 1360 on S&P I just think the rally is over unless the PPT come up with something really good on Monday.
      Also, the end of this month will mark a 3 month cycle which is gonna be crazy as funds shift/dump positions,etc.
      Do you think Gold looks good here?
      I was in ABX then the strong dollar policy talk came by and I got out. do you think this is a good entry point or should I wait for it to clear previous high?       Jun 06 11:34 PM
    • Starting a Position in Intrepid Potash [view article]
      Cramer just recommended IPI, should I get out?
       Jun 06 11:28 PM
    • Starting a Position in Intrepid Potash [view article]
      What do you think about TNH? Jun 05 11:15 PM
    • 4 Sectors to 'Buy in May' [view article]
      I am not sure what will happen either. I thought we could rebound off 1381. Futures for the next session are up massively so maybe the plunge protection team has put together a genius plan over the weekend. I like many others is mostly in cash and small position in a gold miner and will probably jump on some of the oversold stocks if i can see some merit for a technical move higher.Some Elliot wave theorists was talking about 14500ish on the dow before next leg down.
      If the market continues its uptrend, I just don't know how long can this be sustained. "They" will probably sell all their assets into it and buy overseas investments.
       May 26 09:25 PM
    • Oil Is Up Due to Fundamentals, Not Speculation [view article]
      Why is no one here correlating the spike in price to the dollar?
      The euro gained significantly against the greenback, if you were european you pay slightly higher but not that much higher. same goes for AUD ,etc.

      I don't however see how demand/currency value could push oil 15% in 1 month. I mean why? and why is gold not $1200/ounce.       May 21 08:56 PM
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