aspen4ever's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/324345/comments http://seekingalpha.com/article/119982-ultra-etf-promises-fall-short?source=feed#comment-385299 385299

On Feb 11 07:58 PM Fitz919 wrote:

> I've been using leveraged ETFs for nearly a year now. These are the
> most perfectly designed day trading tools ever invented. If all you
> want to do is make money...then here are the rules. Never hold one
> overnight. Once you buy one, prepare a market order to sell it, and
> leave it on your screen. Do not leave your computer screen, because
> if it starts to fall you have to sell it instantly. If it rises hold
> on for a gain. Sometimes the gain will be small, and sometimes the
> gain will be huge. Since these ETFs come in pairs which are mirror
> opposites, whenever the market changes directions, if you are fast
> enough, you can sell one and buy the other. There has never been
> a more perfect way for a day trader to make money every single day
> the market is open.
>
> These are a poor tool for an investor, and a poor tool for hedging
> a portfolio. Sure you can get lucky and have things go your way for
> a while, but you'll always get burned really really bad eventually.
> If you follow what I said above you'll never get burned. You will
> have a few tiny losses...maybe every day if you trade dozens of times
> per day, but they will be dramatically out weighed by your gains.]]> Thu, 12 Feb 2009 08:50:21 -0500

On Feb 11 07:58 PM Fitz919 wrote:

> I've been using leveraged ETFs for nearly a year now. These are the
> most perfectly designed day trading tools ever invented. If all you
> want to do is make money...then here are the rules. Never hold one
> overnight. Once you buy one, prepare a market order to sell it, and
> leave it on your screen. Do not leave your computer screen, because
> if it starts to fall you have to sell it instantly. If it rises hold
> on for a gain. Sometimes the gain will be small, and sometimes the
> gain will be huge. Since these ETFs come in pairs which are mirror
> opposites, whenever the market changes directions, if you are fast
> enough, you can sell one and buy the other. There has never been
> a more perfect way for a day trader to make money every single day
> the market is open.
>
> These are a poor tool for an investor, and a poor tool for hedging
> a portfolio. Sure you can get lucky and have things go your way for
> a while, but you'll always get burned really really bad eventually.
> If you follow what I said above you'll never get burned. You will
> have a few tiny losses...maybe every day if you trade dozens of times
> per day, but they will be dramatically out weighed by your gains.]]> http://seekingalpha.com/article/114138-global-markets-in-review-stock-market-outlook?source=feed#comment-352686 352686 Sun, 11 Jan 2009 17:00:04 -0500 http://seekingalpha.com/article/113032-gaza-war-expect-a-spike-in-oil-gold?source=feed#comment-345304 345304
Basic economics teaches that price is derived by the interaction of supply and demand. Right now, supply outweighs demand. The WSJ's cover story this weekend "Manufacturing Tumbles Globally" reports that manufacturing indexes for every single nation across the board fell to their lowest levels on record. This is a bit of an exaggeration but you get the point. It will be several more months before the stimulus plans stimulate demand and before the OPEC production cuts affect supply.

IMO the Israeli/Palestinian saga won't escalate to directly involve Hesbola, Iran, or any of the other Arabian nations.

Gradually, the price of oil will rise again to a level that will be sustained. I expect to average $65 bbl in 2009.

Also, the Bush administration is replenishing the SPR with 12M bbls to be at its max capacity (727M bbls) before leaving. Way to go Georgie Boy! Thanks for nothing!
]]> Sun, 04 Jan 2009 10:28:19 -0500
Basic economics teaches that price is derived by the interaction of supply and demand. Right now, supply outweighs demand. The WSJ's cover story this weekend "Manufacturing Tumbles Globally" reports that manufacturing indexes for every single nation across the board fell to their lowest levels on record. This is a bit of an exaggeration but you get the point. It will be several more months before the stimulus plans stimulate demand and before the OPEC production cuts affect supply.

IMO the Israeli/Palestinian saga won't escalate to directly involve Hesbola, Iran, or any of the other Arabian nations.

Gradually, the price of oil will rise again to a level that will be sustained. I expect to average $65 bbl in 2009.

Also, the Bush administration is replenishing the SPR with 12M bbls to be at its max capacity (727M bbls) before leaving. Way to go Georgie Boy! Thanks for nothing!
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