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    I hate this situation

    Commodities are going up. Today was an aberration because as oil went up, the stockmarket rallied. Nickel trading was suspended because of margin calls. Those who shorted nickel owes a lot to monies. I think nickel trading resumes Friday. However, most other metals should be trading tomorrow. If...
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    Will oil embargo work?

    This war will be settled at the negotiating table. If not, Ukraine will be pulverized. Russia has fired like over 625 missiles so far at Ukraine. Putin will not hesitate to fire another 500 missiles at Ukraine if he needs to. With the Tow missiles and Stingers Ukraine got from the US and NATO...
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    Plunge Protection Team

    Looks like it went back down. It could be down big tomorrow when the reality of higher oil and commodity prices takes hold. It gave back a good chunk of its gains today. Could be just buy the dip fools. They are in for a rude surprise when the stockmarket tanks as expected.
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    I hate this situation

    Do not be deceived by the 50%, 80% or 90% returns because that is for short periods of time. If that is the return for one month holding period, a 50% return x 12 = 600% on an annual basis. That is pretty good, any way you slice it. To be fair, you are only risking a small amount of capital each...
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    I hate this situation

    Forex is like 100/1 leverage if I recall correctly. That is too high of a leverage in my opinion.
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    I hate this situation

    It depends on how the trade is going along. There are times, I have huge gains within a week to 10 days. Other times, it takes 1 month or 2 months. Usually, I am out of my trades at the 2 month date. On the other hand, if I lose say, 50% or more of the options premium, I will cut my losses and...
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    I hate this situation

    I tried Forex and did not like the very high leverage. Way too high risk in my opinion. Stock options is what I buy, calls and puts so that, worst case scenario is I lose 100% of the option premium. That is the most I can ever lose but, my upside is unlimited on calls, limited gains up to zero...
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    I hate this situation

    Risk management is job number 1. Never risk more than 2% on each trade. I added another rule, since, I am 65 years of age and retired. That is, never invest or trade more than 10% at any given time. So, whatever happens, my maximum risk is 10%, on a worst case scenario. This is designed to avoid...
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    Plunge Protection Team

    Maybe, some bargain hunters? This is why people lose their monies in the stockmarket. Just because a stock has fallen so much----it does not mean it is cheap. It is cheap for a good reason like earnings would be shot for a long time due to high oil. Take the US airlines. It went up today...
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    They say $300 oil a possibility if supplies are shut down from Russia!!

    Those who voted for Biden deserve all of the economic pain they are about to experience. They put this incompetent guy in. Elections have consequences.
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    They say $300 oil a possibility if supplies are shut down from Russia!!

    Ukraine and Russia supply a lot of the world's commodities. That is lost on a lot of people who have no clue. Once, the supply of commodities is disrupted like this Ukraine war, it will spike commodity prices. Look at nickel it spiked and suddenly, very expensive. Most of these commodities are...
  12. S

    They say $300 oil a possibility if supplies are shut down from Russia!!

    Joe Biden turned the US from a major oil exporter to an importer of oil. We have so much oil under the ground not counting huge natural gas reserves. US oil companies are not touching it because they are being harassed by regulators unleashed on them by Joe Biden. In addition, they are being...
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    Buffet is such a moron

    Never had respect for Warren Buffet. He says, my secretary pays more taxes than me (as a percentage of income). Now, ain't that the truth? Yet, he doesn't just write a check to the IRS to donate to the US Treasury? They have tax loopholes up their asses. The biggest tax cheats are billionaires...
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    Starting to buy as the market gives...

    I bought today oil and commodity stocks and ETFs. Waiting on the US cutting off oil supplied by Russia. I figure it would spike oil prices by a lot. Commodities are already going up.
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    Gonna be ugly tomorrow

    I guess that is a positive for electric cars.
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    Gonna be ugly tomorrow

    Power plants in the US generating electricity in the US also, run on oil. If electricity prices go up, those free charging stations, would start charging fees to electric cars wanting a charge.
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    is now the time to buy Russia ETFs? They're down like 98%

    The Chinese idea is to replace the US dollar with the Yuan as the reserve currency. As long as their currency reserves is in dollars, the US can just grab their currency reserves like they did to Russia, if they get sanctioned. You will be at the mercy of US banks handling your reserves. If the...
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    is now the time to buy Russia ETFs? They're down like 98%

    China accumulating gold for a while, now and silently, moving to yuan as currency payment for trades. Right now, the US dollar is the world's reserve currency. That could change as Russia and China see the folly of trusting US banks.
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    Gonna be ugly tomorrow

    Added to my oil and commodity positions today. Looks like Joe Biden and NATO ready to implode the world economy in short order. Oil is at $122 a barrel. However, once Russian oil is removed even a portion of it, it should spike oil upwards. Russia has also, threatened to cut natural gas supplies...
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    is now the time to buy Russia ETFs? They're down like 98%

    Will have to be very light jumbo jets which consume little aviation fuel. That is a huge challenge in itself. Most jetliners now are fuel efficient. Inflation from oil will drive up the costs of labor, maintenance, making it hard for US airlines to turn a profit. More likely, the project to move...
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