Thursday, September 06, 2007

 

Clean Breakout on Gold

This has to be a "technical move." All of you chart chomping fools are piling into the yellow metal.

Very amusing.

My watch list includes: SA, VGZ, GG, ABX, AUY, NEM and PAAS.

Additionally, the metals are on fire, with nice gains in RTP, PKX, BVN, BHP, RS, NTO, ZEUS, X and NUE.

Don't be fooled into thinking this is a "flight to quality."

Fucking rubbish.

This is a "fuck you shorts, you're dead" rally.

Don't forget to take profits.

Comments:
This comment has been removed by the author.
 
This comment has been removed by the author.
 
On the road, are you fucking retarded? You remind me of Dustin Hoffman in Rain Man. Do you just ride your bike in circles?
 
Take a look at the volume in the LVLT Jan 7.5 calls.
 
Some great pics on Kerouac's blog.

I really dig the dog that looks like a hyena.

You are one hairy mofo, Keroac, you got some Eye-talian in you?

_________________

Man this UNG is a pain in the ass. Who ever heard of an ETF this nutty?
 
How many times do I have to tell this board not to fuck with UNG? You will get burnt.
 
Just like OTR I bought myself a new bike. It has a banana seat,streamers on the handlebars and I put a couple of New York Yankees baseball cards in the spokes. It sounds really keen when I bike down the street.
 
CRDC running hard
 
This comment has been removed by the author.
 
Gold/Milk/OJ running on Mozillo induced Fed rate cut. Natty will get there soon.
 
Just took my loss on UNG. Imagine trading the natty futures
 
oTr,
You are the biggest loser, Take your fantasy trades and close the demo account before mommy gets home from work. I swear I will hurt u if posting continues.
 
Natty O&G partnerships are even worse than UNG or futures. Don't ever, ever get into one. I have been to that show.
 
Crude,

Rainman, circles, that's funny.

I'm checking CNN every 30 minutes and crossing my fingers for a bus hits freak on bike story.
 
crude

"How many times do I have to tell this board not to fuck with UNG? You will get burnt."

Can you explain why that is?
 
I just bought FMCN again along with an order of kung pao beef.

The Chinese are right...biryons and biryons fa dem in medyia mocketing.
 
Jesus... check out this video.

-DT
 
I have.

The NYMEX is run by the mob. There are tons and tons of front runnings, back to backing and cuffing the markets by the locals. I have seen it first hand. Some seats will hire people just to watch a big traders phone line, they know its BP's line, Cargill's or Conagra's line. When they know size is about to go through they start front running the big orders before they are even executed causing extreme price fluctuations. You will die young trading nat gas, there is no ryme or reason to it unless you are on the floor or have a really good broker on the floor giving you the scoop. UNG is only good for a LONG TERM hedge against other investments.
# posted by Crude Broker : 3:10 PM

You can argue this. Electronic trading with GLOBEX and ICE and so on, go ahead. But there are so many factors that cause UNG to become volatile that it needs to be a long term holding. Mainly for hedging. If you are new to the game, a long term holding should mean you don't give a shit where the stock goes in the day to day fluctuations. For what it is worth, everyone I sit next to, I mean everyone thought natgas was going higher today, dead fucking wrong.
 
Crude-- are you on a desk somewhere?
 
Dino,

She's a blonde, whattaya expect?
 
On a desk. Maybe I will take a picture one day, I have a killer mousepad. No paper weight.
 
From Accuweather

The current main concern of the AccuWeather.com Hurricane Center is the tropical storm that is likely to form over the western Atlantic within the next 24 hours. However, another hot spot located in the Gulf of Mexico also has to be watched very closely. That disturbance is over very warm water with no competing winds which makes it a candidate for future strengthening. This will be another wait and see sort of thing, but we just wanted to give you a heads-up on the possibility that all of a sudden we may have two storms at once.

Story by AccuWeather.com Expert Senior Meteorologist John Kocet.
 
No room for a paper weights on a desk. Too many footballs.

_____________

I'm upstairs... I've actually got a whole freakin' office and I get to talk to people who don't curse at me, that is unless they get the schit bid on their company that they swore they would not take when we'd talked to them six months back.

The downside, I make about a fifth to half what you do.
 
If you have some extra cash you want to keep low risk by canroys, gas is may bottom? PGH gets you 16% Divs.

Fly I'm sure you detest such boring stocks...?
 
Jake,

She owns palladium. In it for the "supercycle."

-DT
 
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