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  1. M

    The ACD Method

    These energy names are just getting taken out back behind the woodshed. How many days In a row can you drop 5% to 10%. Apparently a lot.
  2. M

    The ACD Method

    In case anyone is wondering....hey Mav, what kind of damage are we talking about here. Do we have any numbers to lean on? Why yes, we do. In the 1980's, during the last oil bust, 90% of all oil and gas companies, yes 90% went under. Over 700 banks went bankrupt and 9 of the 10 largest...
  3. M

    The ACD Method

    Wait another 50%...you'll get it.
  4. M

    The ACD Method

    X moving towards zero as well.
  5. M

    The ACD Method

    Yeah SEA has been sick for a while as well.
  6. M

    The ACD Method

    Keep an eye on GLNCY (ADR for Glencore). It's not a matter of if, only when. NBL as well.
  7. M

    The ACD Method

    COP....good lord.
  8. M

    The ACD Method

    Heating oil under 90 cents. One hundred year storm coming to the northeast and natty breaking through the monthly A down. LOL. CHK and SWN approaching zero. I would say these stocks are cheap except you can still lose 100% of what you put in.
  9. M

    The ACD Method

    No bottom in sight for oil.
  10. M

    The ACD Method

    These energy stocks are really getting lit up.
  11. M

    The ACD Method

    http://money.cnn.com/2016/01/18/investing/oil-crash-wall-street-banks-jpmorgan/index.html
  12. M

    "Money Monster" Trailer (Yes another Wall Street Movie!)

    Yeah and moving further to the left. When Obama leaves office he will be on the South Side. I imagine the pilgrimage to the chosen land will be fierce. Not to mention his Presidential Museum will be there.
  13. M

    Oil is moving to 20's level, tough time for American oil stocks...

    The target is meaningless without factoring contango. It cost a fortune to store oil now so if the bottom is 6 months from now you have to knock off another 6 dollars in storage costs. We're still more then a year away from a meaningful bottom and we have some big liquidations that need to...
  14. M

    "Money Monster" Trailer (Yes another Wall Street Movie!)

    Well, about 95% of the city of Chicago supported them. I was there when that event happened. The guys that dumped those applications got death threats. I remember a situation where I was walking by them and they all complained they couldn't get jobs, so a floor trader came out from the grain...
  15. M

    Why is dbphoenix back?

    Guys regarding the "you can't make a living from an e-book" statement. I'm not a marketer but I know a few who are. This is how it works. You write an e-book. Most give it away for free, I guess DP wants 15 bucks. Fine. The point is not the 15 bucks. The e-book in 99% of the cases is...
  16. M

    "Money Monster" Trailer (Yes another Wall Street Movie!)

    Yeah I think it's going to bomb. First of all, most people know Clooney is to the left of Sanders so having him in the role of the market guru is going to be very negatively portrayed. Two, the actor playing the "occupy wall streeter" looks like he won some contest to appear in a movie...
  17. M

    Why is dbphoenix back?

    What people don't like is the act. If you have a book, if you mentor others on the side, etc just come out and say it instead of acting like you are mother Theresa and your sole purpose in life is to help the sick and the poor. He then plays dumb when you call him out on it which is a...
  18. M

    The ACD Method

    I don't follow it and I would avoid it. That will be a very messy trade.
  19. M

    Billions

    I saw the first episode and while entertaining as a serial TV show, the acting is beyond atrocious not including Giamatti who is probably the only saving grace of the show. I guarantee you this show is going to veer faaaaar away from anything trading related going forward. It will absolutely...
  20. M

    "Money Monster" Trailer (Yes another Wall Street Movie!)

    I honestly think the seeds were sowed for the movie when Jon Stewart did his infamous Cramer interview where he ripped him apart. Some Hollywood folks saw that interview and came up with the movie idea. BTW, the movie is not about Cramer and makes no mention of him, it's just my opinion that...
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