Recent content by luckylee

you betcha!!! :p

/CL -3.69% ... those who joined shorting oil should also be up again on Monday :) :)

Ding ding ding ding +1 for Jackie Treehorn Also, I just want to add - discussions and reasoning asides, it all comes down to how much we make in our trades. We can say anything, argue about reasons behind such and such (which usually gets revealed after the facts anyway) but it all comes...

Someone gets it here :) +1 for piezoe ... Yes, that was a very clever move. We will see something like that again sooner... +10% move on DTO alone and did anyone buy the 2012 jan 30 puts on uso? mwahahahah It's been awesome. Congrats to those who made $$$ on this trade. Please donate some...

Yes, he definitely can. What's with the timing of SPR release? The timing was very suspicious and I watch the support levels of these HFT-traded ETFs and futes. And the continuous blaming of speculators? Ahhh, it must be the "evil speculator" who manipulate oil to the upside, then it's the...

You are right. However, this is an election time. As I said earlier, Obama will do whatever it takes to win, even if it means manipulating oil price to the downside. So far, shorting oil has been one of my better trades this year. Please note the H&S pattern in USO. These are all...

Up yet another 2.5% today :)

DTO went up nicely +4% today right after I posted this. My theory is that oil is going to be rigged before the election. They (TPTB) will do whatever it takes to win this election. Too many people are expecting QE3. Well guess what, Bernanke got grilled and betcha he'll ask Goldman Sachs...

Oil failed the breakout, boys. Check it out .. it's going back to at least $75 and possibly $50. Obama will want to win the election. Besides, the slippage due to rolling in USO/USL should be taken to your advantage (if you know what I mean). They will never reach their high again. These...

As a part of my risk management, I'm not going to touch CL future ... just USO puts. You will be rewarded handsomely. You see - it's not about supply/demand, it's about election time and what it takes to win the heart of the people :)

the 1x shorts: DDG (companies) and SZO (crude) Jan 2012 USO $30 put looks cheap

Oil looks like the weakest link of all the commodities ... how about shorting it with USO puts ? There's also 2x short - DUG (oil companies) and DTO (crude oil itself). Chart looks good, time to short oil. One of the reason this could be a very profitable trade - Obama started to...

Would love to see MCO to MCOQ.PK and MHP to MHPQ.PK :D

Please don't jinx your own call.