dogsofmyhead

Recent Correction Offers Opportunity in USO

r davis -

I've been trading DXO between 2.75 and 3.00, usually having to double-down twice before taking profit. I find that I have the most success if I use my first buy on the 1x version, then if I am down more than 5% or so, I'll use DXO to double my position with half the cash (I trade in an IRA only). Since my first buy is usually wrong, I like to have DXO and ERX for my remaining cash. I use the same basic strategy with SH, SDS and FAZ...

I find the 1x first buy keeps me out of a lot of trouble.

Still Waiting for a Real Bottom

Well written article, if not much new. Your conclusion begs the question, is the well diversified, buy-and-hold strategy dead? Will we see decades of sideways movement such that the only strategy left is to hedge and invest in volatility itself?

Oil: A Slippery Slope Ahead?

When the dollar bubble bursts, then the value of $-priced commodities like oil will spike and stay above $100. It is a price that we can afford and that may create some political stability.

Acronymic Angst in the Bond Market and Elsewhere

HI John, I have been reading your blog for the past several months and I love it. Since I'm a geek, I really appreciate your using defenestrate in a sentence! Keep up the good work.

The Hidden Leverage of Oil ETFs

Aha, UOY, DOY and USL are too thinly traded, I look for about 1m average volume to avoid huge bid/ask spreads.

The Hidden Leverage of Oil ETFs

Thoughtful comment AMF, thanks. I've been using USO, DXO and ERX despite their faults, I'm going to look into your alts.

Ten Sound Mississippi Stocks

Hmm, CPE is down over 50% from the time you picked it, nice one

'Good As Goldman' Not So Good

I thought the comments were much better than the article, what a POS

'Good As Goldman' Not So Good

I thought the comments were much better than the article, what a POS

Bill Miller on This Tough Market

Great article and good conversation after. I have to agree with Kelly, where before somewhat conspicuous consumption was fashionable among my friends and coworkers, the latest trends have been conservation and savings. Talk has turned to strategies for taking public transportation or taking local hiking trips rather than vacations to Europe which we would have done without worry a few years ago.

My father is a disabled veteran, who currently lives on his $1500/mo disability check and is waiting to collect Social Security in 8 months. He isn't a complainer and certainly isn't a slacker, but all he talks about now is the cost to get to the VA hospital and the 25% increase he has seen in his grocery bill.

Bond Expert: Friday Wrap

Hi Jason,

Thanks for the good reply, I happen to have exposure to WaMu but I bought early and am having a difficult time figuring out why the yield is so high for the particular bond I purchased. In particular I have 25% of my portfolio allocated to: 939322AL7 with a maturity in 6m. I'm comfortable with WaMu not defaulting in 6m, but I'm not going to roll it over into another WaMu issue, do you have any recommendations for 1 yr out, or do I need to bail on my current WaMu holding???

Thanks in advance, you can see the rest of the portfolio on covester.com if interested.