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i'm down about a dollar per share (adjusted cost is 6.50)

my target is around 7 to 9 dollars.

Your hopes and dreams are around 7 to 9 dollars.

I have never understood the concept of a target price. Unsuprisingly you are in gold. If you don't have the money to buy out the company, you cannot set a "target price". It is an illusion.

He's using what we all use to turn small moves into big profits, and that is leverage


http://www.investopedia.com/terms/l/leverage.asp

'Give me a lever to stand on, and I will move the world' - Archimides.

Can you two just PM each other this shit. Nobody else cares.

go fuck yourself.

gold went up yesterday and today, i think you're selling too low. I would've waited for a pull-back.

Good luck

Leverage works both ways. Sometimes it is better to swallow the loss + comission to find a better buy or entry.

I am really fond of Direxion ETFs. 3x levered to market. Can be a no brainer sometimes.

bitcoins. stupidest idea ever.

quote:

Originally posted by billymadision Your hopes and dreams are around 7 to 9 dollars. I have never understood the concept of a target price. Unsuprisingly you are in gold. If you don't have the money to buy out the company, you cannot set a "target price". It is an illusion.

I'll be happy to buy more sub 5

quote:

Originally posted by srussell0018 Can you two just PM each other this shit. Nobody else cares.

IF you don't care then don't open the thread.


i think my posts are relevant to topic.

quote:

Originally posted by billymadision Leverage works both ways. Sometimes it is better to swallow the loss + comission to find a better buy or entry. I am really fond of Direxion ETFs. 3x levered to market. Can be a no brainer sometimes.

which ones? if you don't have a good fundamental understanding on how these things work, and how quickly they can deteriorate you can lose your lunch pretty quick.


give us some disclosure here. Current please, hindsight means nothing to me.

Silver is way cooler than gold.

They're both pretty shiny though.

I think I'd still go with silver.

quote:

Originally posted by srussell0018 Silver is way cooler than gold. They're both pretty shiny though. I think I'd still go with silver.

was that the same logic you used to get your tatoo?

Wouldn't surprise me.

You're using this word "logic." I don't think you understand what it means.

Russell. You are a ****. A really old dried up **** that noone has any interest whatsoever. You're as interesting, and intelligent, as a pussy past it's prime. And the fact that you think you have your finger anywhere near the pulse of this forum, just goes to show what an utter retard you are.

Are you saying that a pussy in its prime is intelligent? Also, my finger anywhere near the pulse of this forum? What are you even talking about?

quote:

Originally posted by srussell0018 You're using this word "logic." I don't think you understand what it means.

sorry i thought you were demonstrating to us your advanced methods of reasoning.



Anyone watching the 10:30 natural gas report this morning? I'm a terminal gas bear. i have an expectation of around 168 surprisingly that's the median.

If we get a number draw above 168, price should pop, otherwise a price drop.

results are posted here @ 10:30, price reaction is almost immediate

http://ir.eia.gov/ngs/ngs.html

here are what the other analysts think:

11:47 27Feb13 RTRS-POLL-U.S. natgas storage seen down 167 bcf in weekly EIA report
* Withdrawal estimates range from 140 bcf to 179 bcf
* Median draw in poll is 168 bcf

By Joe Silha
NEW YORK, Feb 27 (Reuters) � U.S. natural gas inventories on
average are expected to have dropped by 167 billion cubic feet
last week, a Reuters poll of industry traders and analysts
showed on Wednesday.
The U.S. Energy Information Administration will release its
gas storage data for the week ended Feb. 22 on Thursday at 10:30
a.m. EST (1530 GMT).
Utilities typically stockpile natural gas from April through
October, then withdraw stored supplies from November through
March to help meet peak winter heating demand.
The Reuters poll had 21 participants, with withdrawal
estimates ranging from 140 bcf to 179 bcf. The median draw in
the forecast was 168 bcf.
Storage fell by an adjusted 106 bcf during the same week
last year. The five-year average drop for the week is 118 bcf.
The U.S. National Oceanic and Atmospheric Administration
said there were 199 heating degree days last week. That was 29
colder than the previous week, 24 colder than normal, and 56
colder than the same week last year.
Degree days, a measure of departure in the mean daily
temperature from 65 degrees Fahrenheit (18 Celsius), are used to
estimate demand to heat or cool homes and businesses. They are
often weighted to reflect population differences in specific
states and regions.
For the week ended Feb. 15, overall storage fell by 127 bcf
to 2.400 trillion cubic feet. [ID:nEAP100L00]
The weekly stock draw exceeded market expectations for the
first time in four weeks and was viewed by some traders as
slightly supportive. Others noted it came in well below the
155-bcf decline seen during the same week last year and below
the five-year average drop for that week of 140 bcf.
Stocks are still relatively high at 361 bcf, or 18 percent,
above the five-year average.
((Storage graphic: http://link.reuters.com/mup44s))
The withdrawal trimmed the deficit relative to last year by
28 bcf to 242 bcf, or 9 percent below last year�s record highs
for that time. It also added 13 bcf to the surplus versus the
five-year average, leaving storage at 361 bcf, or 18 percent,
above that benchmark.
Stocks peaked last year at 3.929 tcf in early November, the
fourth straight year in which gas inventories headed into the
heating season at an all-time high.
A draw on Thursday at the Reuters poll estimate would
sharply widen the deficit relative to the same week last year by
61 bcf to 303 bcf, or 12.5 percent. It would also cut 49 bcf
from the surplus versus the five-year average, trimming that
total to 312 bcf, or 16 percent.
In the last four reports, total stocks fell 596 bcf, or 149
bcf per week, versus a 511-bcf adjusted drop for the same
one-month period last year and a 637-bcf five-year average
withdrawal for that period.
The NOAA said it expected 160 heating degree days this week,
three fewer than normal but 20 more than the same year-ago week.
Early withdrawal estimates for next week�s storage report
range widely, from 120 bcf to 160 bcf, versus a 92-bcf decline
during the same week last year and a five-year average drop for
that week of about 107 bcf.
Most analysts expect storage to end the heating season just
over 2 tcf, about 16 percent above average but 17 percent below
last winter�s record-high finish of 2.48 tcf.
The following is a partial list of forecasters in this
week�s survey. If forecasters gave a range, the midpoint was
used. Numbers in billion cubic feet (bcf).

Citi Futures � 171
Citigroup � 169
Credit Suisse � 176
Energy Management Inst � 140
enerjay LLC � 169
First Enercast � 169
FirstEnergy � 166
Gelber & Associates � 163
Guernsey � 160
IAF Advisors � 177
INTL FCStone � 167
Prestige Economics � 168
Price Futures Group � 160
Raymond James � 169
RideFar Energy � 162
The SMC Report � 167
Stephen Smith Energy � 164
Thomson Reuters Analytics � 173
Tradition Energy � 173

quote:

Originally posted by srussell0018 Are you saying that a pussy in its prime is intelligent? Also, my finger anywhere near the pulse of this forum? What are you even talking about?

More intelligent than you, yes.
And "finger on the pulse" is a pretty fucking well-known idiom, you idiot.

Never heard it before.

quote:

Originally posted by Euforix You thik the whole bitcoin idea itself is stupid? Or just investing to it? Illegal gambling and suspicious products made that currency happen.

Oh sure, if you�re a drug buyer or a child porn peddler then bitcoin has its uses. But as an alternative currency it is fucking shit.

No real currency would allow you to decrypt it. Money for absolutely nothing? That's not how the economy works. Gold and other precious metals are mined daily, but what happens when the market becomes saturated? What decides the market value?

If you answered people's emotions, then you understand that currency is only an interim for goods and services. This is why money cannot grow on trees.

quote:

Originally posted by Nrg2Nfinit which ones? if you don't have a good fundamental understanding on how these things work, and how quickly they can deteriorate you can lose your lunch pretty quick. give us some disclosure here. Current please, hindsight means nothing to me.

You mean which sectors? What disclosure is necessary?

If you want to know something about levered ETFs, they always lose value daily. They are not long holds, they are intraday. One interesting approach to this is to short both the long and short ETF of the same sector. But this cannot be done without ENORMOUS risk from losing a short position. Actually, I don't remember if they changed the 'rules' about that (or who sets them), but when they first came out some funny 'investors' would do this double shorting. Fun times.

The levered ETFs are basically 'how to scalp'. You win, the ETF company wins, and the market 'corrects itself'.

Energy is a nice sector to play but I have seen tremendous shit happen all over the board. Transportation, Financial, Precious metals, you name it and there is eventually a play. I could give a shit about tech stocks, because they are volatile in a bad way.

Averaging your buy into gold is smart. You must have a good amount of capital to even consider it, because if you didn't the comission would be hefty.

who is billymadison? capitalizt?

Nope that's not me. Insert 25 cents for your next chance to win.

krypton?

Even if I did tell you my ALTs, I would not feel as comfortable as I do eating potato chips.

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