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optionsgirl

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  • Quickchat #279, March 19, 2015 [View instapost]
    I don't understand your comment, Freya. I agree that "lowest cost producers pick and choose amongst the rubble" ( I am giving you the benefit of thinking this is not really a comment about the ruble, lol). But I don't understand what you mean by "indefinite". Relative to what measure? As an example, Gold is down from $1900 but up from $300+/- where it spent two decades +/-, depending upon what time frame you are analyzing. Likewise, there was a time when sugar fell to 2 cents. Of course, it could not stay there. There was a time when cocoa fell from 1500 to 800. It did not stay there, and the producers that stayed in business did not remain unprofitable.
    What does your comment mean? Gold producers were not unprofitable for those two decades. Where does the description "indefinite" fit in? Please, explain. Regards, OG
    Mar 22, 2015. 02:46 PM | 3 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    correction ( Bad memory!): The drop was 42% from $23 to $13 during the period 1997-98. Here is an interesting article about the four biggest historical drops in crude prices:

    http://bit.ly/1xn2f4E
    Mar 20, 2015. 06:32 PM | 3 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    WT-The worst part was, even though I had a stop loss on my order, it sailed right through the stop loss and took two days before I could get out of the contract. My Broker laughed ( not a hearty laugh-an ironic one) and told me that all of his clients got out where the stop loss was set except two, and I was one of the unlucky two. That was when I resolved to use options, to hedge, and to stay away from such highly leveraged transactions.
    Mar 20, 2015. 06:24 PM | 3 Likes Like |Link to Comment
  • Quickchat #279, March 19, 2015 [View instapost]
    Re: Gartman
    The last time I thought "that will never happen" was when nat gas went from $15 to under $3.00.
    I was long crude when it fell to $16 per barrel in the late 1990s. Ouch. As I recall, it was also in the $40's per barrel when the fall began.
    That was an expensive lesson.
    So, while I have my doubts, I wouldn't presume to know how low it could go. I'd be careful shorting it though.
    All I know is this:
    When commodities go below the cost to produce them it is temporary( unless kept there by government suppressing price.) We must watch the chart to attempt to find a bottom, then wait until that bottom is confirmed with a 1-2-3 (or head and shoulders chart formation) and then go long. Ka Ching! ( I'm kinda old, so my cyber cash register still rings.LOL.)
    Mar 20, 2015. 05:49 PM | 8 Likes Like |Link to Comment
  • Prospect Capital Corp.'s Dividend And NAV Sustainability Analysis (Post Fiscal Q2 2015 Earnings) - Part 2 [View article]
    I am referring to the etf/etns or even a closed end fund where one incurs additional fees to participate, and generally those generate less dividend income. Thanks for giving me the opportunity to clarify the comment, Be Here Now.

    I understand not everyone admires PSEC's management team. However, I feel confident enough in the investment to put some of my hard-earned cash in their hands. I speak only for myself.
    Mar 20, 2015. 02:17 PM | 2 Likes Like |Link to Comment
  • Swine Flu, MERS, Ebola And Medical News Concentrator January 1, 2015 To ?? [View instapost]
    Greetings, friends. Check out Prothena Corp (PRTA)
    Caution: Risky, it had good news on its Parkinson's phase 1 trial and went up over 40% after hours (crazy, because it was in the high twenties.) Credit Suisse analyst J Kantor just wrote a piece estimating it should rise to $53.
    Here is some information about the announcement:
    http://bit.ly/1xEXu0G
    Mar 20, 2015. 07:07 AM | 5 Likes Like |Link to Comment
  • Prospect Capital Corp.'s Dividend And NAV Sustainability Analysis (Post Fiscal Q2 2015 Earnings) - Part 2 [View article]
    I just picked up some PSEC at $8.41. I view their portfolio to be as good or better than many etf's or etn's without paying a separate fee for active management. When it fell to the low eights, when they reduced dividend, it was a screaming buy. It's still a very good buy, imo.
    Mar 19, 2015. 09:43 PM | 6 Likes Like |Link to Comment
  • Swine Flu, MERS, Ebola And Medical News Concentrator January 1, 2015 To ?? [View instapost]
    Here's a new deadly virus, passed by a tick, called the Bourbon Virus

    http://yhoo.it/1CZyZwR
    Feb 22, 2015. 01:39 PM | 5 Likes Like |Link to Comment
  • QuickChat #277, January 7, 2015 [View instapost]
    LT when I hit the link it didn't bring up a chart, it brought up another page with many links.
    Could you reference the chart again, please? I am particularly interested in the diamond pattern. What are you looking for with this pattern, and where can I find the chart? Thanks. OG
    Feb 2, 2015. 09:48 PM | 4 Likes Like |Link to Comment
  • Stability Of The European Union (23) January 1, 2015. [View instapost]
    Regarding Russian/Greek influence on each other:
    http://bit.ly/1BKZacG

    The above linked article by Liam Halligam in the Telegraph really opened my eyes as to how intertwined the Greeks and the Russians really are--including Greece voting against other EZ countries to continue sanctions against Russia; the sanctions are set to expire in March.

    Rattie, may I again express my admiration for your persistence and careful study of the EZ these past few years? Thanks so much for keeping the flame lit, here and on the "swine flu"/ biotech/pharma QC. Good stuff!
    Jan 31, 2015. 08:12 PM | 3 Likes Like |Link to Comment
  • QuickChat #277, January 7, 2015 [View instapost]
    First CA county to declare a fiscal emergency due to low oil prices ( but note what they can't pay toward the pensions they owe):
    http://yhoo.it/1tv3RqC
    Jan 28, 2015. 11:01 PM | 7 Likes Like |Link to Comment
  • QuickChat #277, January 7, 2015 [View instapost]
    Thanks, Mark for your link and confirmation.
    According to that Collen Roche article I linked, 47% of the swiss bank is owned by individuals!

    Can you imagine owning the fed and getting paid 6% dividends? Astounding.
    Jan 25, 2015. 12:00 AM | 5 Likes Like |Link to Comment
  • QuickChat #277, January 7, 2015 [View instapost]
    Re: Swiss depegging, is this true, that their central bank has private owners and the central bank pays dividends???

    http://bit.ly/1D1jkio
    Jan 23, 2015. 11:28 PM | 4 Likes Like |Link to Comment
  • QuickChat #277, January 7, 2015 [View instapost]
    You know, there is another central bank "easing" and that is Canada! they cut the rate on Wednesday, and nobody expected it.

    http://yhoo.it/1ySy4iE-
    Jan 23, 2015. 12:51 PM | 6 Likes Like |Link to Comment
  • QuickChat #277, January 7, 2015 [View instapost]
    Here is what I've garnered:
    The Saudi oil minister, Naimi wants to retire, and Salman's son is the deputy minister. The next OPEC meeting is in June. They expect Naimi to stay at least until June. (Historically, the Saudis do not appoint family members as oil minister but that may change now.) The issue is whether these guys will back an Opec cut to production or in some way alter their production goals.
    At any rate, this is probably a knee-jerk market response, and we should watch what happens in June, nothing is going to be apparent immediately, IMO--but, from a chart viewpoint, we should watch for a bottom formation or a channel for the next few months.

    Personally, I thought this wouldn't be much different than when Fidel Castro stepped aside for his brother-more of the same. Yet somehow, I never thought the US would open up relations with Cuba, and now we see that beginning. So, who knows what is next for the Saudi's??? One thing I do know, the Saudi's do not want the instability of terrorists, and they cleaned the terrorists out after 9/11...
    Jan 23, 2015. 12:28 PM | 6 Likes Like |Link to Comment
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