Seeking Alpha
  • Chines33
    Market looks to have zero support based on futures..cannot put another penny in on long side till at least a KO PG ED GIS etc catch a bid.
    11/24/11
    Reply (24)
    • shaker33: Is that my buy signal yet?
      11/24/11
    • Chines33: I'm just being real at this point...Germany looks to have no urgency which is mind blowing. I am still long but cautiously using 30%ish cash
      11/24/11
    • shaker33: I've been waiting for 1155, that's where that Cowpie gap is, I'll be dipping my toe in. It looks like that will be Friday.
      11/24/11
    • Chines33: I agree if that holds I'd put more to work.
      11/24/11
    • Chines33: PG SBUX KO SNY UN are immediate terms adds I'm looking at
      11/24/11
    • Chines33: Also love to get some more APA in low 80s or SLB in low 60s
      11/24/11
    • inquisitivemind7: if volatility doesn't spike with this sell-off, going to be pissed.
      11/24/11
    • shaker33: Chines I agree with alot of those, oil services starting to look attractive. HAL also on my list. Although I see oil between 80-85 soon.
      11/24/11
    • bajjiblow: there might be a small bounce around 155 but lot of buyers at 110 mark
      11/24/11
    • Chines33: I own APA FLR ESV Oil wise...would add SLB at 64 and at to ESV 45 APA 84 ad FLR 48
      11/24/11
    • Chines33: Also love HAL OXY NOV HES on further declines very much.
      11/24/11
    • shaker33: Without global recession most of those oil names will be easy $ in 6-12 months.
      11/24/11
    • Chines33: Thing is all these stocks are already priced for 80-85 oil...anything over 70-75 they are banking..80s and above cash money for them.
      11/24/11
    • Chines33: BHP and FLR will make someone a fortune if they continue down like this.
      11/24/11
    • Chines33: Engineering for oil/Nat gas and commodities is a booming and huge future booming business
      11/24/11
    • shaker33: I agree, oil sector pricing in recession, but oil carrying fear premium. One of the two will be wrong.
      11/24/11
    • johnybutts: Currently 60% cash, 40% equities. Added on Wed (gold miners). Next move will be when some form of resolution occurs.
      11/24/11
    • johnybutts: Right now there's so much uncertainty in the market, I don't think we'll have a significant upswing without a definitive plan from EU
      11/24/11
    • johnybutts: Been headline bouncing too long. Investors are wary of headline-plans now. Action is the only thing that matters to me.
      11/24/11
    • shaker33: Lots of currency resistance about to be hit in Euro and DXY. If DXY can sustain above $80 then we could be in for alot of pain.
      11/24/11
    • Ricardo Espinosa: Chines, I´ll join you on those APA and HAL plays, but I need a lot lower prices, like 70ish and high or mid 20´s, yes I said it.
      11/24/11
    • Youngone91: johnny i added to miners at 55 support as well. Gold will probly keep declining due to german refusal to print. For the moment
      11/24/11
    • Bio Insights: chinese, add some KO. If it tanks, we die together. Also looking for SLB eventually
      11/24/11
    • Ocean Man: I'm in KO. It held up well during the Sept / Oct drop.
      11/25/11