I know. I know.
We both had our timing right in NatGas, unfortunately the crooks reamed us in UNG. You had pristine timing in buying the VIX, but VXX proved wrong.
They got us. What can I...
Type: Posts; User: Bullitt
I know. I know.
We both had our timing right in NatGas, unfortunately the crooks reamed us in UNG. You had pristine timing in buying the VIX, but VXX proved wrong.
They got us. What can I...
Commodity ETF's are the latest fraud to hit main street. They got me in UNG.
Additional thoughts from Nenner. Basically a recap of his major themes. Great call on Gold.
...
Feel free to fire away with your market thoughts. Futures aren't how I roll, but I'm looking forward to your commentaries and strategies.
What are your holding periods generally? Do you hold...
I sold all my GDX for LT cap gains last week. I don't plan on dabbling in the gold market again until it goes below 1000, which it will once the deflation debate gathers hot air. One thing I found...
Looking forward to your wisdom and words JEL. Welcome aboard.
Sold out at the open today in GDX with a 70% gain at an average cost of $28; most of which qualifies for LT cap gains.
The bullish commodity story is front page news now. China imported record...
Yeah tough trade, especially with the crazy Forex leverage. What about playing with a long Yen trade on dollar pullbacks?
I wouldn't look for a serious shorting opportunity until central banks from around the world begin withdrawing liquidity and removing the backstops that brought confidence back in to market. Of...
I like gold too, but my orders to buy are staggered from 40-44. Just missed my highest buy order this past week. I remain IT and LT bullish on gold and especially like the recent shakeout.
GDXJ is a basket of juniors. I learned a good lesson with UNG as well. That fund wasn't designed for a contango environment.
I need a pair of lucky shoes like the ones PTJ wore.
GDXJ may not be a bad way to play gold for the final run up. Cramer gave it the kiss of approval around 27, so I'm sure most of those players are getting washed out.
Interview with Charles Nenner on HedgeFundRadio. Scroll to the bottom of this link.
http://www.madhedgefundtrader.com/Hedge_Fund_Radio.html
I subscribe to Decisionpoint every now and then because I like how they sometimes create the trend and support lines for the major charts. Stockcharts isn't bad but unless you plan on creating your...
Is UNG getting ready to actually start an upleg? What a disaster this fund has been.
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Do these funds have redemption fees?
Thanks for sharing your ideas Gumby. What kind of trade duration are we looking at here? Good luck with SRS, that ETF can really move.
I just put in a bunch of buy orders for hard asset ETF's...
Tom, are you thinking about dabbling back into gold on this pullback?
Gartman Letter comments on Gold:
http://www.businessinsider.com/gartman-gold-is-due-for-a-correction-2009-12
1000 sounds good. This might be the last chance to get on the Gold bandwagon at a reasonable price. GDX broke the 50 DMA today which is another indicator of gold about to drop. GDXJ got hammered...
Lady, have you ever tried buying and selling RYDEX funds? No load, no transaction fee on Scottrade and most of their funds have no redemption fee. Only thing, you only get an end of the day NAV...
GDX and GLD filling the gaps today. This dollar strength should provide a good entry for anyone looking to add precious metals.
Ticker (ALT). Sounds like a it's retail hedge fund. Probably a good fund to consider with no more than 5-10% of an IRA allocation, but I wouldn't make this a major holding....
One thing I don't like about UUP is the risk/reward. UUP could go up 7-10% if a short squeeze were to hit, and I figure that to be a max. That would also mean having to use leverage to make the...
Hey Alevie.
Basically if you buy an ETF that tracks a commodity: DBA, USO, UNG, GLD, SLV, etc., you'll pay a tax rate of around 35% if you sell within 12 months. 'LT cap gains' over a year and...