The ACD Method

Maverick74 · Jan 20, 2016

SDRL down 21% today. Just another day at the office for that one.

newwurldmn · Jan 20, 2016

Maverick74 said:
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.

technically infinity

redbaron1981 · Jan 20, 2016

koolaid said:
You mean A downs

Failed A downs USDCAD and failed Aups CADJPY. Got caught copy and pasting :-)

ignl · Jan 20, 2016

Maverick74 said:
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.

Jeez how much Carl Icahn is loosing now on CHK and LNG? I guess maybe its safer to buy their bonds now. That way maybe it would be possible to get back at least some of the money in case of bankruptcy... What do you think about LNG export prospects? In a way cheap NG could be very good to them provided price differential stays large enough. One thing I have in mind is that companies with some good assets(like CHK?) could be targets for takeover at these levels. However I am afraid to buy against such a momentum. Lets wait for monthly A up at least

hoop121 · Jan 20, 2016

front spread on crude.....holy balls

redbaron1981 · Jan 20, 2016

I feel a squeeze coming on...

sarue · Jan 20, 2016

sarue said:
My Quarterly A down was hit and held Friday for the Naz and RUT. I also had successful tests on Banks, Biotech, Semis and Miners. The S&P and Dow are just a little lower. I didn't buy these tests ahead of a long weekend but will watch to see if we've come down far enough for at least a decent bounce early this coming week.

After thorough testing today, my SPX and Dow Quarterly A down levels held and price closed above. What a day. Still need follow-through to believe they held.

kinggyppo · Jan 20, 2016

Maverick74 said:
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.

Mav you are invoking Zeno's paradox. Did the rest see this:

http://www.cnbc.com/2016/01/20/bridgewaters-dalio-feds-next-move-toward-qe-not-tightening.html

I realize now Red Baron already posted the link check it out though

Maverick74 · Jan 20, 2016

hoop121 said:
front spread on crude.....holy balls

Shit. Expiration day. But still....

SteveM · Jan 20, 2016

For any 401K folks trying to look past to oilpoclypse:

Noodles & Co (NDLS) confirmed on the 30 day #L, and made a good monthly and weekly A up.

Just trying to provide some levity

The ACD Method

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