Seeking Alpha
  • mun2000
    I still keep my short in oil for long term not worried .2.5% down but wait for big swing ahead . Still keep my short on oil SCO all in
    10/12/11
    Reply (11)
    • mun2000: It is good that i do not have any cash because i will upload on short oil .$ low today this is the reason that market is up not economy
      10/12/11
    • jason2727: good luck.
      10/12/11
    • Chines33: When did the economy worsen? Italy strong but if anything recent data has suggested not near as bad as what was being priced in.
      10/12/11
    • Chines33: If nothing else* not italy
      10/12/11
    • nasalpancho: Chines the priced in argument left the station when when we passed 1200. this type of move is not sustainable -- the drop will be epic
      10/12/11
    • nasalpancho: that said -- we may go up another 60 pts before reality bites
      10/12/11
    • Chines33: I don't agree...I think you sill see us move toward 1325...yes a pullback is due but no epic drop at all.
      10/12/11
    • talbano: Chines- I agree
      10/12/11
    • Romar: Chines & talbano - Why do you speculate an epic move to 1325? I see it as a possibility after strongly breaking S&P 1230 major resistance.
      10/12/11
    • talbano: Romar- Why does it bother you that we have an opinion?
      10/12/11
    • edje: agree that the currency move is helping out significantly, however, as chines mentioned it also appears that the macro picture is improving
      10/12/11
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