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  1. M

    Best ETF or ETN that has inverse relationship to price of Crude Oil?

    UGA is another one US Gas (as in petrol) ETF. http://www.smartmoney.com/etf-focus/index.cfm?story=20080508-etf-investing http://www.smartmoney.com/invisiblehand/index.cfm?story=20080509-exxon-mobil Hmm doesn't this article suggest that it should be Gas prices going through the roof...
  2. M

    Best ETF or ETN that has inverse relationship to price of Crude Oil?

    I've been following DUG for a few weeks now and it looks like a good stock to trade intra day if that is your style. There are always options on USO. Something else I have noticed is that the EMs usually start topping out before oil does and can give a decent oil short signal and perhaps...
  3. M

    The Fed TAF auctions fueling crude's rise

    An astute observation. It really comes down to how much of oil's rise is being fueled by speculation vs. industrial demand.
  4. M

    You Lucky Bastards: FMD

    True enough but this is not your average $3 stock that has been done in by a bad drug or mismanagemnet, it is a bet on an entire industry:the private student loan industry. My bet is that it will not disappear for good.
  5. M

    Best ETF or ETN that has inverse relationship to price of Crude Oil?

    What about DIG and DUG.
  6. M

    The economic impact of the current Exodus from the United States.

    Some people are born complainers, glass half empty types that are never happy no matter where they are.
  7. M

    AIG-hitting new daily lows mid-day

    Anybody remember that poster Michel Scott I think it was, poor guy I think he blew out shorting AIG too early. You can have a great idea and even be right eventually (just as many of us were as we shorted the market and it kept hitting new highs last summer despite all the festering rot beneath...
  8. M

    You Lucky Bastards: FMD

    Lol if Stcktrder doesn't like it that's a positive, is there a more ridiculous poster to ET? I've had him on ignore for so long but people can't help but keep quoting him. Where are students going to get their money from? It is that simple. If it is all going Federal then you are right FMD...
  9. M

    You Lucky Bastards: FMD

    ADDED 10K @3.40
  10. M

    What a shame

    Does the Junta have any kind of air force? Why not just do air drops to the most devastated areas with helicopter support (and a shit load of leaflets letting people know why they are not getting aid) and let the people organize things for themselves. I read that the monks are taking a leading...
  11. M

    Award winning economist says America has bankrupted itself with the Iraq war

    Not to mention decuiding to cash out their home equity that they have come to rely on to fund a large part if not all of their retirement sooner rather than later if they see the housing market not getting any better. Prices have come down but I still see a great deal of supply just waiting to...
  12. M

    UBS in Deep Trouble......

    The Expatriation tax statesd that if you give up your US citizenship you still owe taxes to the US for the next 10 years on any worldwide income (there are exceptions and taxes paid overseas are counted against the US tax liability.
  13. M

    You Lucky Bastards: FMD

    I won't try and paint the news as anything other than it was but did anyone really expect anything different given what we already knew? This is a trade that has the same potential it had when I first bought, perhasp better considering that loan vol is up 19% ie demand for loans that bridge the...
  14. M

    Timing Journal

    Bought DUG @30.24 STOP 29 Target 35.5
  15. M

    Will the market plunge if (or when) Obama gets elected as Dem candidate?

    I've heard that Obama's favorite period in History is the French Revolution :D
  16. M

    Bentley Indicator

    Better not fill the gas tank on that one or its property taxes will double.
  17. M

    Quitting Trading

    Keep it real, not like these guys encouraging you to blow your last $s. You are going to have to get a job and when you do you will be 100% better off having the $75K cushion than you will be penniless. I don't know your skill set but it could be that that $75K represents several years of...
  18. M

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

    :) I drank the Koolaid about a month back, the good news is that the effects are only temporary :)
  19. M

    Goldman: Oil $150-200 in 24 months

    Triple margins and lets see how much of this is due to supply and demand.
  20. M

    Quitting Trading

    Let me be blunt because it seems that you need some hard talk to break you out of your tunnel vision, if you are still putting on live trades at this point you are a hopeless idiot. If you plan to put on a live trade anytime in the next couple of months you are a hopeless idiot (and anyone who...
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