Search results

  1. W

    The Real State of the US Economy

    http://www.globalresearch.ca/index.php?context=viewArticle&code=ENG20080802&articleId=9728
  2. W

    How many of you make over 100k/day regularly day trading?

    John Paulson pulled in 14.5 million a day average in 07. Soros and Simons weren't too shabby either at $10 million a day.
  3. W

    Billonaire Wilber Ross says OIL is a bubble

    Bubble or no bubble oil is at all time high. I could care less about peoples opinions. Warren Buffett yesterday said speculators are not to blame for current levels. Jim Rogers said oil is going much higher. Oil has been called a bubble since 100 a barrel. Every new high is met with...
  4. W

    Traders Need Only $8 to Buy Barrel of Oil: Massive Oil Supplies: 'Peak Oil' Is a Myth

    This author is known to be a little looney. I wouldn't take anything he says seriously. "Shedding light on the 1970s oil shocks and the grand strategy of Washington after the end of the Cold War, Engdahl presents a convincing case that geopolitics and oil were behind the collapse of the...
  5. W

    Taking 103K to 1.2million by Year End 2008

    Nice work! I can feel a 50K week coming up soon like last year. When Neke builds up to 200K look out above. This guys has steel balls and it takes that type of person to make huge gains.
  6. W

    This is the last move for Crude --shaping up just like the wheat trade!

    Supply worries push OIL to $124 http://news.bbc.co.uk/2/hi/business/7389482.stm Oil prices have added 400% since 2001, with traders betting that rampant demand from China to power its economic growth will not be fully met because of production problems in key oil-producing nations...
  7. W

    This is the last move for Crude --shaping up just like the wheat trade!

    People shorting OIL remind me of the same guys that shorted FSLR at 40 and POT at 50. It has decoupled from weekly US inventories and the dollar. Oil isn't going to stop till 200 for the simple fact there is no substitute. World demand is soaring and there are great supply concerns...
  8. W

    When Will Crude Hit $40/barrel again?

    CIBC report puts crude at $225 a barrel by 2012 http://cosmos.bcst.yahoo.com/up/player/popup/?rn=289004&cl=7541194&src=finance&ch=4043681
  9. W

    When Will Crude Hit $40/barrel again?

    I think after it hits $160 a barrel OPEC will do a 4 for 1 split sending prices back to $40. The more realistic question is when will OIL hit $200 a barrel. T-Boone estimates $150 a barrel within 2 years.
  10. W

    Boone Pickens Adopts Long Position on Oil

    I'm surprised he didn't foresee the mega spike coming on the backs of the weak dollar. I remember him shorting oil at $100 saying it will touch $88. It shot up to $110 instead because oil was being used as a hedge against the falling dollar. His fund is down 21% in the first 3 months of the...
  11. W

    Taking 103K to 1.2million by Year End 2008

    Your BIDU March 260 PUTS (BDUOV) would have been worth 100K today had you held. If only someone had tomorrows newspaper today you could turn 1K into a billion in a month. Would you guys rather have that or the power to turn invisible?
  12. W

    Taking 76K to 500K by Year End

    Thanks for the posts. One of the bests threads on Elite.
  13. W

    MSFT paid $240m for Facebook stake

    Facebook is a beast in the making. You guys should do more research about it before posting. MSFT wouldn't have paid 240 million for less than 2% if it wasn't worth the money. The kid that started Facebook is currently worth 5 billion. Not bad for a 23 year old kid. He refused a billion...
  14. W

    $1MM liquid -- how difficult to achieve 15% annual ROI with option writing?

    Never would I put all my eggs in one basket. Used MSFT as 1 example. I wrote he should put them in atleast 5 stocks. Used MSFT because it's one of the least volatile stocks in the market. MSFT also pays a 1.5% dividend. This shows that his 15% rate of return could be hit even with a stock...
  15. W

    $1MM liquid -- how difficult to achieve 15% annual ROI with option writing?

    15% is a conservative figure. You'd have to stick with stocks in the S&P 500. The key to covered call writing is to find stocks that are rangebound. Unlike someone with a 100K portfolio, 1 million buys you the luxury to not have to take chances. Using MSFT as an example, with 1 million you...
  16. W

    Is this why the market went up?

    Market went up on a short squeeze. ML said that there was 45 billion short the S&P 500. The run started on the SSS sales released Thursday which came in better than expected for most retailers. Fri retail numbers didn't look that great yet market jumped again. This is an all out bull market...
  17. W

    Will you buy timmay's hedge fund book?

    Talk about drama! You guys gotta lay off the hating. You've given your opinion about what you think of him. Continuing to bash after 67 pages to a thread shows the real reason for the negativity is jealousy and envy. I don't see any of you creating a hedgefund or writing a book. Tim...
Back
Top