Crude Oil Trader

What Are the Best Hedge Funds Buying Now?

Great call JG. I take a lot of heat for my call of the SP 500 really being....The SP 500. What vehicle would you use to take full advantage of the fall? The likes of FAZ are tempting but the market makers are making that risky.

Banking Sector: Worst Is Yet to Come

Great post Reggie. It's sad that the feds are determined to bring down all of the banks that acted responsibly with their "to big to fail" friends. Pay your FDIC dues 3 years in advance? Unbelievable.

I added you to my follow list, keep up the great work!

Bank of America's Gain Is Taxpayers' Loss

Shameful. When the dust clears Bank of America will still be worth the same price it is worth today.......ZERO!

Friday Options Update: SLE, TPX, ODP, AUY, BAC

Yes, thanks. Gutsy play on the January 11 calls, but probably a good one!

Are Financial Stocks Preparing for 'The Fall'?

I'll keep saying it until I am blue in the face, this bear wishes we would trade 1,044 on the SP 500 and just get it over with. The return of real money and volume after Labor Day might be enough to get it done.


crudeoiltrader.blogspo...

John Paulson: Long Financials

Things have changed quite about since fall of 2008. I think the term Financials has become obsolete, and that effects these financial ETF's. These tickers are a combination of soon to fail financials but are also heavily weighted with the "annointed ones" courtesy of Uncle Sam. So I think his startegy is obvious in his shorting of the regional's that hold most of the commercial real estate that will fail and will not enjoy the "to large to fail" arrangementof GS, BAC, etc.

Sell Off Ahead? 25 Ways to Profit and Protect from a Stock Market Correction

I agree with your bearish stance but I think having now crossed the 38% line we'll continue to work higher. And that's OK, the higher we retrace the more we'll over shoot to the down side.

Five Reasons the Market Could Crash This Fall

Great work. Drives me nuts to see people making negative comments about your revealing post. In fact, anyone who is convincing retail traders to invest for the long term right now should face some sort of legal punishment. To think there is not a major, and I do mean major correction coming is just ridiculous.

Great work, keep it up!


crudeoiltrader.blogspo...

Cramer's Lightning Round - BAC Is Back (7/27/09)

Copy this post and put it on the wall, just a reminder for when the Financial's are finally forced to digest the real loses. And all Cramer does is force a bunch of retail customers into losing positions. Did he cover how to manage their stops while he was at it. If you are a retail investor reading this I'll do for you what Cramer won't, watch this video on placing and managing stops > tinyurl.com/mpuf9x

Credit Card Cancer

Another great post Peter. I think the Chinese are playing a bigger role in all of this. Looks like they even gave us this bear rally. Notice how much copper they have been buying for stock piles. They'll knock that price down anytime they want to now.





crudeoiltrader.blogspo...

Jim Rogers: It's Better To Let Financials Fail

I absolutely agree. Let them fail and send GM and Chrysler with them. Billions of dollars late of course. There is plenty of responsible banks to replace them.



crudeoiltrader.blogspo...

Boeing Losers - Cramer's Mad Money (9/25/08)

I agree with Jim, but I am still buying a little bit of Boeing oneach additional dip. Boeing will be back big!

Loss of Integrity - Cramer's Mad Money Recap (9/3/08)

Starting from scratch these might be good portfolios. At least they are diversified!