User 244491

Gold and the Dollar: Putting the Relative Cart Before the Relative Horse

Did you bought Gold at 415$ and still keep it (I bought Hecla Mining at 53 cents sold at 1$ back in 1998,not sure you heared of GC back then) or you bought 1 oz American eagle coin and now portray yourself as wise man?
The question is not what one bought/sold it is question of stupidity,I suspect you belong to that category,the question is when you sold.
I could sell Boots and Coots Inc.(symbol WEL) that I bought for 6 cents I think in 1999 for 10$ 2 years later but I sold for 12 cents.
If you are long Gold at 415$ and didn't sell it at 900-1000$ then you are loser and big balls guys know about it,they will make you sell at a loss and then buy for themselves when pikers like you be bearish.
You wrote death penalty in this article for yourself,as you prove that you are a loser,now waiting for gold to go back to 1000$ as your greed tells you it is right place to sell but at 1000$ people like you become bulls again that's why your chances to bail out are slim.

Wall Street Breakfast: Must-Know News

Shalom dear Eli Hoffman,
good to see serious commentary not some bluff from SA writers who still live with their mom at 45.
Shavua Tov.

Do Stock Screeners Work? Three Inexpensive, Reliable Energy Plays

Hi French guy,nice to see you again.
I find your comments are suitable for any investor who buys big cap stocks (DOW,SP,NASDAQ)and your pics are not different from picking a Wal Mart,Boeing or Intel.
What you advise is a stocks in energy sector that belong to an index SP500,CAC40,FTSE100 and indexing is no easy.When markets decline especially sitting in a dangerous bear hunting zone,all the best energy stocks may go down as well even if Oil/Gas can stay constant or rising.For your picks (how one can recommend such big frms everybody is familiar with) to go up Oil/Gas must rise very sharply and even if Oil/Gas will reach it's previous highs there is no guarantee your stocks will,after Gold/Silver reached new highs and went down with lower come back,Gold/Silver big caps (I don't even mention mid-small caps hat are down 60% on average) never reached it's previous highs and look where they are today.Just take a chart of your picks and compare it to Newmont Mining,Barrick Gold,Angloamerican or any other big mining stock you chose.You will see how far away it is from it's previous highs.
The reason for it is that investors/insiders who have much to do with the companies they invest are selling some or most of their holdings.
Already if you are experienced trader,why not to try your calls on stocks with buying futures on Crude Oil/Nat Gas,if one is a bull,futures offer better,purest and most liquid way of investing.Using normal margins if Oil/Gas will recover the profits will be derived from commodity itself,as any public company has too many insiders to feed,debt in the bank to pay interest on and other risks.
Have a good day French honcho.

Chinese Hegemonic Effect Overtakes U.S.? Not So Fast

Rather than educating investors,go make some money based on your academic knowledge.While you were asleep tonight and dreamed how to survive in the coming market crash,that 1929 will look sweet,you country United States of America just went Chapter 8 which is complete bankruptcy.

Monday, August 18: Week in Review

You seem to be very intelligent guy who never traded commodities (maybe some FX,1 mini-Silver?),I like your observations but all you said is known before you was born.
The happiest thing in your article that you will never believe may turn true next year,that Dow Jones really will fall to 6200 or lower,why not.
Does it have to do with China,with your mom selling her bleeding mutual fund to pay your tuition or Play Station,does it have to do with anything?
The reason that markets crash lies in one simple psychological aspect,nobody believes in it as 99.99% of investors want market always to go straight up and every investor will say that his stock is the best in the world but there are tens of thousands of stocks and millions of investors,how can be that each stock is the best in the world?
There are so many sectors and every investor in any sector believes this is the best stock in the best sector...
The final countdown is aproaching,those that didn't take money out of the table (how one can sell the best stock in the world, average is already down 30%) doesn't matter if reason is greed or stupidiness,are going to witness BEAR market in it's natural pure form,as bear knows no fear,he spreads blood and destruction whenever he goes whatever he touches.
So play your Playstations in a meantime bear will play with you his game.

This Gold Correction Has Further To Run

Gold will always be Gold,GC as commodity has ATR (average true range) of about 30$ a day lately.Sell on reaching the higher band,buy on lower.Don't be a bull,don't be a bear,it is dangerous game right now with too much interest on both sides.Let the big egos fight,you can swim in between while they will settle the trend.At the moment trend is down so why to jump sinking ship,I am doing the same only with Crude Oil,day trding on some days 70 futures contracts for the difference of 10 cents but my longer term strategy I sold 130$ October calls,100$ October puts,this brings some time decay while I swim in and out of dangerous waters that are not dangerous at all when one is not greedy.

Darrell Brookstein on Gold: Just a Pullback in a Bull Market

Another loser propping up his stocks,just look at his face,how hungry and angry he is to get out of bleeding position on the way to unload it to you on a bounce.Stay away from Gold for good.

Sentiment Review: Bullishness Rising

I meant 10-15 years,not 115.

Sentiment Review: Bullishness Rising

I expected criticism for my bearish view on the market,thanks,sorry for my english (I live in Frankfurt,Germany) but I know that there is no new money on the table.Some say money come from commodities back to stocks,I disagree,as average american investor sits on losses above 20% on those too as many of you like to buy things at the top.
Regarding money is flowing from money market into stocks,I disagree too,as money that is invested in fixed income usually stays conservative,investors that go for low interest are smart investors,they know market is broken they will wait at some extreme valuations before buying beaten bleeding stocks,as I expect Dow Jones to reach first bottom at 7000-7500 next year for sure,probably some short term money will be reinvested from bonds to stocks but only short term,as we enter biggest crash in american history (thank God Federal Reserve is buying index futures,selling short commodities to stop panic) that will get us to 2500-3750 on the Dow Jones.But even then nobody will make any money buying big caps as indexes will stay flat for 115 years with very small yearly change.After we will have gray hairs our children and grand children will ride next big bull wave,but we will never see a bull again.

Recapping My Great Calls on Oil

Interesting view at last,where do you think Oil/Gas is heading in the next 1.2 weeks as I day trade Nat Gas/Crude Oil futures and have options on it.
Maybe your opinion can show me something I have been missing (20% up from last 2 weeks buying/selling Crude,Gas).Just throw here some numbers,don't be afraid.I really like you.

Mark Medes

Sentiment Review: Bullishness Rising

For the capital to flow into the market,this capital must be made somewhere,as average american investor sits on losses of 40% and bigger,where tha capital will come from.Better write tales for children as you are too uneducated to comment on investing,honcho.

The Economic Week Ahead: Inflation, Growth, Confidence and Retail Numbers

Short the Russell,Dow,Nasdaq,SP from Monday cover on Friday.
I am preparing myself for ride on e-mini Dow till 11000 on Friday,maybe will close some of shorts done on Thursday previous week.

Jackpot! Why 5-Year Lock-Ups Are a Great Idea

His fund still looks good compared to the likes QVT Financial LP in New York who lost all 1$ billion last month from 3$ billion given to them in 2005.
QVT Financial LP is liquidating with biggest losses coming from going short commodities last year and going long last 2 months.Add here leverage as a spice and you can imagine what leverage average hedge fund uses.NEVER INVEST IN HEDGE FUNDS.

Market Internals

What you wanted to say with your research?
Do you have any idea that market don't care about any averages when it is poised for a crash,do you know that 99% of american investor's account is bleeding,do you know that while you was at Wal Mart buying 50$ suite and cheap after shave your country United States of America just went bankrupt.

Oil: Demand Destruction Overdone?

Nice graphs,thanks.
Are you short/long energies or you are one of those smart contribiutors who know it all but themselves lost money long time ago on things they are experts on.
I am at the moment short calls 130$ and puts 100$ for October Crude Oil,long Natural Gas October at 8.20$.
This is where my money is,if each of us would say more about our real life trading SA would be more serious space for traders as I see many writers here with nice flash websites who know shit about real trading ( it is not about the author).
Let's trade folks and open our cards,as it is easy to be cool on the internet.
I am up 20% since August day trading futures/options like CL,NG,ZB,YM,GEC,PL,GC (Crude Oil.Nat Gas,T-Bonds,mini-Dow,E...