The time 2 buy is now big rally coming

Discussion in 'Trading' started by stock_trad3r, Feb 28, 2007.

  1. that stock was the shit a year ago.
     
    #121     Mar 8, 2007
  2. So why not sell or beta neutralize all long positions after such a drop and wait out the volatility and see where the market heads in the intermediate term? Can always get back in when the market made up its mind, no? If the market manages to make new highs within 4 weeks (in this market, with this liquidity ... nothing can surprise you) you would "just" lose out on the 5% from here to new highs, then you can always get back in once you feel comfortable with the upside movement. Hey whats 5% with 100% up room to go??? :p

    Why close your eyes, jump into chaos and hope for the best? I would do that if there was ZERO RISK, but that my friend, is not the case anymore unfortunately until the smoke clears :p
     
    #122     Mar 8, 2007
  3. #123     Mar 8, 2007
  4. VLO is a no brainer.

    So is COP or STO.

    Anything oil, but especially refining.

    The hedgies are scratching their heads and asking what consumers need, no matter what the jobs data looks like or where the economy heads.

    They are concluding, duh....gasoline!

    Yeah, that's it! Refinery constraints, geopolitical risks, everyone including those under the age of 3 in China are driving Hummers.

    Gasoline and oil, babeee!

    (Honda is a good trade, too, as long as the yen stays weakish - same reason, gasoline is headed much higher)
     
    #124     Mar 8, 2007
  5. haha I love the bears!!! I am agnostic myself though, I don't care much where the markets go as long as I make money :mad:

    Here's something fun reg. bears I read on Trader Tims blog the other day (http://tradertim.blogspot.com):

     
    #125     Mar 8, 2007
  6. S2007S

    S2007S




    you read his blog too, he has some good charts.
     
    #126     Mar 8, 2007
  7. Yea since a long while, I love his humor. He's a dedicated bear and always has something funny to post even if the market doesn't go his way.
     
    #127     Mar 8, 2007
  8. but he is overrated. All his posts seem to read "I bought puts on this..I bought puts on that.."
     
    #128     Mar 8, 2007
  9. Excellent call once again !!!


    Dont let the perma bears get to you!!


    Thanks for posting
     
    #129     Mar 9, 2007
  10. What does it matter as long as he's making money in the long run?

    He might have many -5% months but they can easily be offset with the occasional 150% month a perma bear can achieve with well placed put options.
     
    #130     Mar 9, 2007