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    Long Natural Gas

    NG is a disaster and looks headed to $4's. Every inventory report for the last 10 weeks has shown a build of 10 BCF higher than year ago. At start of build season there was 220 BCF less in storage than year ago. Now it is just 90 BCF below. We are on pace to move above year ago by winter...
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    Cramer calls chinese "chincs"

    Anyone else hear him say Chinc during Stop Trading on friday while talking about the Chinese?
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    record glut of crude

    If it was not a big oil oligopoly, i do not think small players would be using floating storage to make room for more inventories. I have forwarded this to the house committee on energy and commerce.
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    record glut of crude

    With crude at $66 and oil stocks making all time highs, you wouldn't think this story could be possible. Is supply and demand working? Wait till the Dems run with this one. LONDON, June 4 (Reuters) - Oil firms have booked space on tankers to store up to 19 million barrels of crude in the...
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    No place to put all the oil in N. America

    There are plenty of refineries. Never once have I gone to gas station and there not be any gasoline. There is 20 days of supply of gasoline versus last years 21 days. Its all a scam. There is no refinery shortage. Problem is that its a monopoly product with price being set on open market...
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    No place to put all the oil in N. America

    May 31 (Bloomberg) -- Royal Dutch Shell Plc, Europe's largest oil company, and Vitol Group, a Rotterdam-based trader, are among companies to hire supertankers to store up to 20 million barrels crude in the Gulf of Mexico because onshore storage is nearly full. Shell hired the Atlantic...
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    Easy way for gvt to fix high gas prices

    All we have to do is to ensure that gasoline imports are an extra 100,000BPD higher March-MAY. This would put an end to gasoline speculation that is responsible for about $20 barrell worth of crack spread or about 50 cents worth. If the DOE saw to it that the global energy industry sent us...
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    Shanghai has to fall tonight

    Shanghai down 5%.
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    Shanghai has to fall tonight

    If shanghai is not down at least 20 points tonight, i'm declaring it the greatest market ever. "May 30 (Bloomberg) -- China tripled the tax on securities effective today after measures to curb speculation and raise interest rates this month failed to cool Asia's most-expensive stock market. "...
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    new era of efficient markets pushing stocks upward

    The matrix of liquidity created by this new era of efficient market trading is pushing stocks higher and higher. The risk premium has rightfully decreased. All of the stocks/sectors/and global markets are so interconnected/arbed/pairtraded that it has created a level of liquidity not...
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    Walmart sales down bad for China?

    U.S. same stor sales not good. Most of what China makes is to sell to the Walmarts/Kmarts/Sears ect. Could it be that China will hit a wall in a few weeks when they see their inventories are building up and Walmart and other U.S. retailers says they don't need as much? China factory then...
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    We Are In A Type Of Bubble

    Maybe the bubble is that stock prices are too cheap. Providing private equity with bubbleiscious profits. If stocks go up 25% there will not be many private equity deals done and their profits will dimminish.
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    Finding homebuilder bottom (and housing bottom)

    My theory is that mega billion market cap homebuilding stocks is a flawed business model. Homebuilding is about being nimble. Finding a cheap peace of land with good location, location, location. This is tough to do replicate on a huge scale when you need to sell 15,000 homes/year to support...
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    If there is going to be a recession then...

    But remember, going form 10,000 cranes building to 9,000 cranes building is 10% negative growth for the construction industry and 10% drop in construction jobs. Also would lead to a 10% drop in demand for steel copper ect. So just a slight slow down to China's insane growth rate would feel...
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    Trader Monthly 100 (Top Earning Traders in 2006)

    Come on, are these guys really traders? If you gave these guys a $1MM account and told them to get busy trading. Would these guys have any profits after a month? I don't think these guys are traders in the same way that most of us on this board are.
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    Tax question

    looks like you have to elect trader and mark to market status by april 15th. So if you want it for 2007 you need to do it with your 2006 tax return. So if it looks like you are going to have a down year, by April 15 you need to file for trader mark to market status so that if in fact you do...
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    Tax question

    Ok that makes sense that there is someway to avoid such a problem. I remember hearing stories back in 2000 during the dot com crash that people who got stock options had large tax bills but then got wiped out on their stock when the dot coms crashed. Similar situation for those people.
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    Tax question

    Consider this. After a decade of wealth building and trading you finally build a 1 million dollar account. You then turn the $1 million into $4 million trading last year. But then you lose $3 million to start this year. So you are back to $1 million account, but now you owe $1 million for...
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    Tax question

    What happens if you make $200k short term capital gains last year. Then you lose that $200k plus some the next year and don't have any money to pay taxes on previous years profits. Anyway to use this years losses to offset previous years gains. Or have you dug your self a tax hole with the...
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    imp week ahead

    That guy said $70 before $50 and was Wrong. $49.90 traded. Nobody knows where the price is headed.
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