Fairway Jack

4 Ways to Ride Oil's Ups and Downs

Agreed...USO is a joke. Contango erosion wipes out any semblance of a true reflection of tracking oil prices. Steer clear of this fund


On Jun 12 09:30 PM BioBoy wrote:

> I am surprised to hear you recommend USO. It may be "designed to
> track West Texas Intermediate (light, sweet crude oil) prices", but
> it doesn't. It's underperformed by 14% in the past year. How about
> recommending something useful, like DBO? Unlike USO, which simply
> rolls over near-month contracts (and usually takes a loss each and
> every month doing it), DBO buys a variety of far-month contracts
> to minimize the effects of contango. Compare their performance and
> you'll see the difference.

3 Currency ETFs for a Falling Dollar

I like FXA too but think we've got to wait for an approx 30% pullback to the Aussie before jumping back in. It was .62 not that long ago. Now its .82 to $. I'm long USD right now until something like .76


On Jun 12 09:52 AM VALUEDIV wrote:

> I would include FXA (Australia). It has a great record this year.
> DBV is troublesome and not truly inverse to falling dollar. Our growing
> debt will lead to a depreciated and falling dollar compared to less
> fiscally exposed countries. It is a difficult time with only one
> "solid" fact. We are globally depressed and have a tremendous Derivatives
> global exposure. Good fortune, step softly, think well,

Looking North of the Border for Gas: A Currency Play Using ETFs

You are right....USO is a joke. In round numbers the early Jan share price was 38 and oil was 45...Now oil is 70 and share price is 38.

USL, USO and the Contango Collapse

I like the way you think. I am coincidently making many of the same trades you are. I also like GSG. No big time leverage but I like the weighting of commodities.


On Mar 20 12:04 PM SteadfastMason wrote:

> UOY does not seem to have much volume. That translates to me to be
> possibly tough to sell, if needed.
>
> I hold DXO, a 2X Oil Bull ETF and ERX. it is a 3x Bull, Energy ETF.
>
>
>
> SteadfastMason

Quantitative Easing: Money Supply Is Actually Decreasing

I think you are saying that the money supply is de facto decreasing because purchasing power generated by asset backed securities is more or less frozen due to the present econmic situation. OK...I see your point but won't the securitized credit become money again once the panic / fear subsides...and then jump into the pool of money being printed now for an even bigger ocean of money at some future date ??

Why Has AIG's Stock Risen So Rapidly?

If AIG was a zombie and it was chasing me and you....I would trip you and keep running....oh...wait a minute...AIG is a zombie. Have a nice trip. See you next Fall.

12 Reasons to Short Gold

I will not be drawn into the gold mania either. We are seeing a gold frenzy just like we saw the oil frenzy last year. Rebalancing is close at hand and we should see oil at 70 / barrel and gold at 650 /oz next year

Key Reasons to Be a Dollar Bull

The top 3 articles at Seeking Alpha are predicting disaster of armaggedian proportions. This means "go contrarian". Oil is a more prudent investment than treasuries or gold at the present time. When the govt finds a way to print a barrel of oil...I'll bail out

U.S. Debt Default, Dollar Collapse Altogether Likely

I suggest oil as an alternative to gold. Oil has just fallen 73%. Gold is presently near an all time high. Oil is actually useful. Gold has limited functional uses. And if the dollar is devalued, oil will be shooting thru the roof because of the present pricing linkage....and I don't think oil will be confiscated.

The Madoff Affair: Were His Sons Actually Responsible?

We should dispense with the name Ponzi and forever hence call these schemes a Madoff scheme....and you know what....in 20-30 years they'll make a movie about it. Poor Bernie will be a misunderstood maverick who just made an error of jugdement. Sickening....I say stick 'em in solidary with the 12th hijacker and throw away the key.

Leveraged ETFs Might Be the Cause of Late Day Trading Moves

Please explain precisely how we can read the VIX to predict the next big daily move up or down...so as to take advantage of the big moves in the last hour of the trading day. Thx.

10 Predictions for the Global Economy

Commodities...you say the worst is probably yet to come and state oil could fall to 30 from present 45 / barrel. That is a 33% drop. Are you aware that oil was recently $145+ ??....that's a 70% drop.

Bet on Buying Boyd

Does the author of this analysis know if the $0.60 dividend is safe ?? Her comments did not consider the possibility of BYD management cutting this number given the fact that it now represents a 14% annual return on the present 4.15 / share price.