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OfflinegeokillsA
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Re: Stock Update for May 21, 2010 - SSO, MEE, TCK, BP, C, RVBD, BIDU [Re: pothead_bob]
    #12606279 - 05/21/10 08:21 PM (13 years, 8 months ago)

Quote:

pothead_bob said:

Hey geo, since you seem pretty knowledgeable, I meant to ask you about doing options trading.  Selling calls and puts seems much too risky for me, but have you ever bought puts to hedge against losses?  I've just been reading about options trading today, so I'm not sure how effective it could be for me.




I have not actively engaged in options trading... baby steps!  I want to have an expert understanding of traditional buying and selling before I move into more complex trading vehicles.  There is no doubt that options can help you capitalize on volatility, in addition to offering solid downside protection by knowing your full risk as soon as you enter the position (or by hedging against your existing shares).  Even with a sell stop on a traditional stock position, shares can gap down between trading sessions and end up hitting you a lot harder than you had originally anticipated.  With options, your maximum risk is known as soon as you open the trade.  Beyond that, I haven't much to say as I plainly lack the experience at the present moment.  I will ultimately get into that sort of thing, but I have a lot on my plate right now and that just hasn't found its way into my schedule yet.

If you haven't already, you should start by reading The Characteristics and Risks of Standardized Options.



Quote:

Stonehenge said:

Don't any of you guys feel a tiny bit uneasy about the world situation? ...  The recent swoon of the stock market may not be a temporary correction or aberration but a sign of things to come ... The media keeps printing happy news but it's kind of forced ... Then we have the steadily climbing national debt and interest payments ...  Does none of that concern you stock market types?




Those statements are accurate, and for what it's worth, I don't hardly watch mainstream media anymore except for weekend entertainment. :wink:

Yes, I am very uneasy about the global economy.  Yes, these are major concerns.  I do believe the stock market may be in the process of putting in a head and shoulders top, hence why I've explicitly noted that on continued strength up to 1140 on the S&P, I will be selling a good chunk of my long positions and looking to begin pressing the short side.  The fact that we are in such a perilous position is what drives me to make the most out of the opportunities I am currently presented with.  I'm going to bust my ass trying to work this market to my advantage as long as it is there to work for me.  With strongly disciplined risk management, I am confident that I will make more money than I will lose.  When there is no edge, I will be only minimally involved in the market (ie. mostly in cash), just so I can stay in tune with the ebb and flow.  I don't talk about it, but the amount of physical gold I own is nearly equal in proportion to the amount of cash I play with in the stock market.  I don't own the gold for profit, but for safety through diversification.

I can't recall the exact numbers, but I recently heard that our (the US) debt to GDP is something like 80%.  Greece's debt to GDP is something like 120%.  We're not in as bad shape to be sure, but there is no way to spin our situation as truly positive.  Things are bad.  I live in California where we have our own major debt problems.  I would not be surprised to see rioting akin to what has been coming out of Greece, here in California within the next 5 years.  I don't want to sound alarmist and make it seem like the end of the world is near, but I am well aware of the very serious problems facing my state, our country and indeed the entire world.  So what do I do?  I just keep doing what I can to make myself more secure before shit might really hit the fan.  I'm not saying for certain that things will get so crazy, but it's important to be mindful of the possibility.  In so doing, I don't see any reason to run away from the stock market, but instead use the increased volatility to my advantage through a disciplined, mainly short-term trading approach.  Can't just buy and hold so easy these days, but if you're quick and nimble, there is no doubt money to be made.


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OfflineChuangTzu
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Re: Stock Update for May 21, 2010 - SSO, MEE, TCK, BP, C, RVBD, BIDU [Re: geokills]
    #12609888 - 05/22/10 01:57 PM (13 years, 8 months ago)

Quote:

geokills said:
Can't just buy and hold so easy these days, but if you're quick and nimble, there is no doubt money to be made.




Yup.  That's the conclusion I finally came to when shit started to go south.  At first I avoided the markets like a lot of other people, but after a bit of thinking about the situation, I started to see the ways which one could benefit in the short term from the volatility.  I guess the basic principle is that money doesn't really go anywhere, it just changes hands.  For every billion dollars someone loses, that's a billion dollars someone else made.  Just gotta stay on the right side of the flow... : )

What's really been bothering me is coming up with quick and efficient ways to turn cash into useful assets that will retain their value if paper money completely tanks.  Gold is one way, but gold will tank too in that situation.


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Re: Stock Update for May 21, 2010 - SSO, MEE, TCK, BP, C, RVBD, BIDU [Re: ChuangTzu]
    #12609974 - 05/22/10 02:22 PM (13 years, 8 months ago)

There is money to be made for sure if you can outguess the market. Geo, i'm glad you are not one of these head in the sand chart reader ostriches. They care nothing about the economy and only look at chart patterns. I may be too much in the opposite camp but i have little faith in voodoo charts.

The national debt of the usa is about 13 t and the gdp is 14.4 t. Using my trusty calculator gives me 90% debt to gdp. Greece's was about 117% so nothing to worry about, right? The deficit projected for this year is about 1.4t and they always seem to go over projections.

To me that means the long haul looks like a downward slump. Some stocks will go up but the majority will drop. Even good stocks will drop when there is a sell off. That gives opportunities to buy right and sell on the rebound. I think shorting is a good long term strategy right now. Anyone who shorted gm a couple years ago would have made some fine money. The usa is the gm of today. Long considered a blue chip but it's on crumbly foundations.

Where is a good place for long term appreciation? Other countries aren't doing much better and many are doing worse. Gold should retain it's value but in the long run it looks sterile. I have a considerable amount of gold but i will probably sell in the next 5 to 10 years. What is a good long term investment? Energy is bound to go up long term and oil is down right now. Real estate is at a low point and can be bought cheaply but requires work. For volatile stocks, perhaps shorting them and getting out when they suffer a sudden drop.

Other good areas are precious metals in general, commodity metals like copper, aluminum and iron. Coal, oil and gas since they are facing peak production and rising demand.


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“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835)

Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755


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OfflinegeokillsA
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Re: Stock Update for May 21, 2010 - SSO, MEE, TCK, BP, C, RVBD, BIDU [Re: Stonehenge]
    #12622813 - 05/24/10 09:21 PM (13 years, 8 months ago)

Quote:

Stonehenge said:

Where is a good place for long term appreciation? Other countries aren't doing much better and many are doing worse.




An interesting question leading to an often misunderstood conclusion.  Other countries aren't doing much better than the US... at all.  In fact, other major countries (think EU) are in even worse shape than we are.  This is what is called relative strength and why even though our productivity has declined while our debt has ballooned, our dollar has recently been rising since it is measured relative to other major currencies.  We can be in bad shape, but as long as we are not in as bad shape, investments in the US market still appear to offer some semblance of (relative) value while the dollar remains one of the world's primary reserve currencies.

All the same, it's a very sketchy bridge that you shouldn't get too comfortable hanging around on.  Long term appreciation is not something that we should necessarily concern ourselves with at this point in time.  Capital preservation, is.  We can not (and should not) expect that we can be the beneficiaries of long term capital appreciation in the midst of macro economic crisis.  But we can be smart and prepare ourselves by preserving "dry powder" (ie. cash or cash equivalent such as gold) for those rare moments when extreme imbalances will manifest and we can capitalize on that opportunity.

Since I am on vacation for the week, my investing activity is little.  Because of the precarious perch of the domestic stock market, I actually scaled back today.  This is one of those moments when capital preservation is extremely important.  Not saying there's anything wrong with trying to catch a bounce, but risk management must be a priority in order to survive this type of market.  While I have some trading positions active, they will be automatically closed if recent lows (short-term support levels) are violated.  As I just added to my position in BP last week, I should note that I have ditched those shares (and then some) due to the continually poor behavior of the stock, namely downside volume picking up.  I would not be surprised to be out of BP entirely by next week, and am seriously thinking about shorting Transocean (RIG) on any strength, in anticipation that it will be testing its 2008 lows some 20% lower.

The market is not healthy.  Trade small and keep your stops tight.  On any strength, look for opportunities to short as the technical damage we have sustained in conjunction with the not-so-rosy economic outlook should keep this market under serious pressure.  Add in some sort of outlier event such as a terrorist attack or an Israeli attack on Iran (also somewhat terrorist?) and it will pay to be playing conservatively.

I am not making big bets either way right now.  But if you aren't interested in just sitting around in cash... I would look to take some long positions right here with very tight stops just below last week's lows.  Then on any sharp rally, I would look to lean on the short side as the S&P nears its 50 day moving average (beginning to scale in even below that level).

Good luck, and please remember not to rely on hope.  Define your risk and if your positions aren't working as anticipated, don't be afraid to kick them to the curb.


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OfflineHotnuts
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Re: Stock Update for May 21, 2010 - SSO, MEE, TCK, BP, C, RVBD, BIDU [Re: Stonehenge]
    #12624557 - 05/25/10 05:54 AM (13 years, 8 months ago)

Quote:

Stonehenge said:
There is money to be made for sure if you can outguess the market. Geo, i'm glad you are not one of these head in the sand chart reader ostriches. They care nothing about the economy and only look at chart patterns.




I hope you're not referring to me. If so and you think I won't be offended, you've lost your mind.


Edited by Hotnuts (05/25/10 06:02 AM)


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OfflinegeokillsA
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Re: Stock Update for May 21, 2010 - SSO, MEE, TCK, BP, C, RVBD, BIDU [Re: ChuangTzu]
    #12625283 - 05/25/10 10:32 AM (13 years, 8 months ago)

Quote:

ChuangTzu said:

At first I avoided the markets like a lot of other people, but after a bit of thinking about the situation, I started to see the ways which one could benefit in the short term from the volatility.  I guess the basic principle is that money doesn't really go anywhere, it just changes hands.  For every billion dollars someone loses, that's a billion dollars someone else made.  Just gotta stay on the right side of the flow... : )




Heh, I wish I had avoided the markets during the crash, but I just wasn't so lucky.  Going back over some of the history in this thread, it is pretty obvious that this has been a tremendous learning experience for me.  Unfortunately, I was a little too cocky and used my real capital from the very beginning while learning, where I probably should have only been trading on paper for a while (no real capital exposure).

Then again, the self element (namely our emotions) are probably the hardest thing to learn how to control when it comes to investing.  With no real skin in the game, it is easy to hold losers too long or just write off a big loss and not think about it.  But when your real money is on the line and you see your account balances dwindling by the day, it's a very different situation as emotions can lead to some rash and ultimately detrimental decisions... many of which I have been guilty of making, repeatedly!

So even though I've been spending much of my time of late just getting back to even, I have learned a lot about how my emotions affect my decisions, and how to appropriately mitigate their force in difficult markets through disciplined risk management and limited exposure whenever uncertainty is high.  I feel that this sets me up well enough to be ready for opportunity when opportunity may present itself.  And until then, I will be content to continue as a student of the market, exercising my patience until the timing is ripe to play a strong hand.


Quote:

What's really been bothering me is coming up with quick and efficient ways to turn cash into useful assets that will retain their value if paper money completely tanks.  Gold is one way, but gold will tank too in that situation.




I do not believe that we will just wake up one day and the dollar will suddenly be worthless (barring some catastrophic cosmic or perhaps nuclear event); but preparing for currency trouble through the diversification of one's assets is no doubt an important consideration.  There probably isn't an overnight solution, but a continual building process.  I would start by making sure you own a reliable mode of transportation and basic living essentials such as a couple weeks worth of bottled water and dehydrated or canned foods if you live in a relatively stable area.  If you see yourself on the move, a good backpack, tent, sleeping gear, rugged clothing, versatile camping stove (such as the MSR Whisperlite International) and a high quality water filter are great things to keep handy even if you don't see yourself using them in the immediate future.

Once you have that, consider a small hoard of precious metals and even a firearm, taser or two.  If you have lots of currency to diversify, buy some property in a strategic location near natural resources such as fertile growing regions, freshwater lakes, or with a water well drilled on your property.  That's about as far as my dream goes, but ultimately you could work to build your own private system with an airstrip, private airplane, solar and wind energy on site, fortified perimeter, etc... but in keeping with being realistic, you should probably not put too much focus on that last part! :wink:


PS.  Glad I lightened up yesterday.  This market is horrendous!


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Re: Stock Update for May 21, 2010 - SSO, MEE, TCK, BP, C, RVBD, BIDU [Re: geokills]
    #12625578 - 05/25/10 11:55 AM (13 years, 8 months ago)

The average retail investor has no chance in the market with this kind of volatility. All of the moves up or down are happening almost entirely outside of normal trading hours.

Today we gapped down over 200 points on the Dow:jawdrop:... unless you were up really early trading futures contracts you missed the entire move. I mean whats the point of stop orders if we always gap through them? When things are way cheaper I'll go long but it'll be a while I bet.


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OfflinegeokillsA
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Stock Update for May 25, 2010 [Re: ArmFromTheAbyss]
    #12625846 - 05/25/10 12:53 PM (13 years, 8 months ago)

Exactly why I have been reducing exposure.  The uncertainty and mechanized program (aka quant) trading that leads to these huge gaps makes this market a gamble for most retail investors.  If you are going to play, you have to play small and be willing to take some losses.  There is no easy money right now, but staying involved will allow you to do some "scalping", or rapid intra-day trades that take advantage of the large gaps (for example, if you put on some longs such as the SSO after the opening weakness with the intent to close at least a good portion of the position - if not all of it - before the market close).

For those who don't have the time nor inclination for such short-term trading, I can only suggest reducing your exposure to a level where you will be able to handle another 20% decline (give or take), without panicking out of your positions.  If you can't take the kind of dollar loss that a 20% swoon would take from you, sell enough stock until you reach a level where a 20% loss won't cause you to panic.

To those eager to take some starter positions or nibble at stocks that you want to own for some time to come - stocks that can still go down but will probably go down less than the aggregate market - I would look toward the high dividend plays.  Specifically, AT&T (T) with a 6.88% yield, Verizon (VZ) with 6.9%, and Copono Energy (CPNO) with 10%.  I own all three, and will increase my exposure on further weakness.


Small positions, tight stops, and over 60% cash, but still maintaining long exposure in the following: 
  • KMP
  • BAC
  • ASPS
  • VZ
  • PEP
  • CPNO
  • T
  • ACE
  • TEVA
  • C
  • RVBD


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Re: Stock Update for May 25, 2010 [Re: geokills]
    #12625939 - 05/25/10 01:13 PM (13 years, 8 months ago)

You think those yields will save you, if stocks go down another 45%+?

P.S.- I see the philosophy in going into high yielding stocks. But it seems to me that, cash is far safer, going into this environment. Then again, you are using stops. I've heard (I won't mention the morons names) of people advising in NOT using stops. Very stupid advice. About like every other thing, they say.


Edited by Hotnuts (05/25/10 01:40 PM)


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Re: Stock Update for May 25, 2010 [Re: Hotnuts]
    #12626756 - 05/25/10 03:53 PM (13 years, 8 months ago)

It seems like whenever i mention the chart people someone jumps up and says "are you talking about me?" No, not specifically. If you only look at charts and don't consider economics and other factors, then the shoe might fit but it was not intended as an insult toward anyone. I'm hoping someone will decide maybe they can profit from a more balanced approach if they are relying too much on charts. I notice you did predict the sell off in gold. But it bounced back just as i predicted.

Today, same as yesterday, i see the market is down and gold is up. I'm bidding on houses, see my full report in the other thread.

I just expect this whole house of cards to come tumbling down at some point in time. Or else an orderly collapse with the occasional rally. Perhaps a repeat of the last couple weeks over and over with variations? That's basically what happened in the 30's. Stocks crashed in '29 but came back somewhat only to gradually fizzle out. I'm looking for a chance to pick up pieces but i'm not bullish on much these days.


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“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835)

Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755


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Re: Stock Update for May 25, 2010 [Re: Stonehenge]
    #12629344 - 05/25/10 10:53 PM (13 years, 8 months ago)

It is too late now, and it was risky as hell but RNWF

grew 66.67% today and if you were lucky enough to have bought it 5 days ago, that would have been a 177.78% return

http://www.google.com/finance?q=OTC:RNWF


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Re: Stock Update for May 25, 2010 [Re: Stonehenge]
    #12631157 - 05/26/10 10:04 AM (13 years, 8 months ago)

Quote:

Stonehenge said:
It seems like whenever i mention the chart people someone jumps up and says "are you talking about me?" No, not specifically.




Sorry. I was having a really bad day. Foul mood!


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OfflinegeokillsA
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Re: Stock Update for May 25, 2010 [Re: iluvfungi]
    #12633969 - 05/26/10 07:33 PM (13 years, 8 months ago)

Let's not indulge such bogus stocks here please.  I generally discourage the discussion of over the counter (OTC) stocks, especially those trading as a sub-penny stock or with a market capitalization of less than $250,000.  There is really no point, as there is no edge, only a gamble.  With a stock so thinly traded, just one large buyer or seller can have a tremendous influence over the price action.

In other news, today was a nice quiet day.  I didn't even look at my portfolio until after the close and am pleased to see the market taking a long overdue rest.  Hopefully we can begin to build a base here and see some measure of upside in the weeks to come.  Time will tell... Until then, I would continue to advise limiting your exposure to only short-term trading positions with a strong emphasis on risk management.


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Re: Stock Update for May 25, 2010 [Re: geokills]
    #12637150 - 05/27/10 08:56 AM (13 years, 8 months ago)

When trading penny stocks, you have to have a great intraday trading strategy, on the technical side. It can be really difficult for the average trader. Even some of the best have troubles intraday trading. Especially, in volatile markets. The returns can be excellent, but the beat downs are the direct opposite of excellent. Horrible and in a hurry. Been there, done that. No fun.


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OfflinegeokillsA
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Stock Update for June 21, 2010 - ISRG, AAPL [Re: geokills]
    #12779062 - 06/21/10 02:40 PM (13 years, 7 months ago)

Just wanted to chime in here since it has been about a month since I've made an entry in this journal (though I have been watching Hotnuts' Risk Trade thread with a keen interest!).  In accordance with my last updates, I really haven't been trading much at all over this time, just trimming positions here and there and observing an indecisive market in wait for it to provide a stronger signal with regard to future direction.  I am currently around 35% net long, with well over 50% of my consolidated portfolio in cash.

It seems likely that we will end up going lower, but a lot of people seem to be feeling that this is the case, which gives me some pause not to get too aggressive and to be mindful that the market really hasn't given us a very clear signal yet.  No doubt after Friday's run and the market's gap higher open today, we are overbought on a short term basis and should technically end this week lower than we started it.  The way that the market continued to fade the gains all day is definitely a bearish signal showing a lack of buying interest. There is some support around 1100 and stronger support at 1070 on the S&P, however I will not be taking a bullish stand at either of these levels; even though the possibility of a bounce is not unreasonable.

In the meanwhile, I will continue to keep my trading activity fairly quiet.  Trimming positions on strength and being opportunistic on both the short and the long side when the situation warrants.  For example, ISRG marked the top of a down-trending channel this morning as it opened much higher than the previous day and then continued to give back those gains all day.  As a result, I went short on a handful of shares with a "buy to cover" stop market order just above today's high (~$359), as a move above $359 would invalidate the proposed down-trending channel.  This limits my risk while offering me a handsome reward should the stock mark a new low at the bottom of the channel, although I would likely have closed the position by the time shares hit $300.


   


I have also sold 25% of my AAPL today to further reduce my exposure since the stock has had a nice run and appears to be rolling over at the top of a sideways channel that extends back to April.  Since the aggregate market also seems due for a pullback, I will watch this one closely and hope for the chance to buy these shares back at around $250, as I continue to believe that the company is trading at a discount to its growth rate.  With enormous amounts of cash on hand in conjunction with good iPad and great initial iPhone 4 sales, I see little reason why Apple won't continue to take market share and become an even larger consumer electronics giant.  Regardless of the superb fundamental story, the stock has been range bound for a couple of months and if the market takes another leg lower, AAPL will not be spared.  Hence, lightening up a bit out of discipline.

I am also tightening sell stop orders on many partial positions, just in case this is the making of the right shoulder for the infamous head and shoulders top that everyone has been looking for in the major market averages (S&P, Dow, etc).  But there are also a couple of long entries that I am thirsty for... namely a small starter position in STEC @ $12 (with a stop slightly below $11.92), RIG below $50, and NFLX @ $110.  I will elaborate upon those themes if and when I enter the positions.


          Long KMP, BAC, AAPL, ASPS, PEP, CPNO, T, ACE, C
          Short ISRG


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Re: Stock Update for June 21, 2010 - ISRG, AAPL [Re: geokills]
    #12779215 - 06/21/10 03:08 PM (13 years, 7 months ago)

Who's in BP then? If you want long-term, check out BPs asset values vs current market cap, and put that on the oil price ramp. :laugh:


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OfflinegeokillsA
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Stock Update for June 23, 2010 - BP, RIG, CLF, SDS [Re: mm.]
    #12790964 - 06/23/10 02:43 PM (13 years, 7 months ago)

BP almost looks enticing here, strictly based upon the fact that it seems to be carving our a base around $30 and it has been able to stay flat over the past couple of days while the overall market has been falling - indicating relative outperformance and some level of buying interest.  It is true that the company has a breakup value of around $100 a share and creates almost $7 billion in cash flow per quarter.  The stock has priced in some $90 billion in liability (the amount of market capitalization it has shed in the wake of the Deepwater Horizon disaster).

However, the unknown liability the company will actually face is a huge uncertainty that could potentially bring the company to its knees, forcing it to be sold off under bankruptcy and sending its stock to a big fat zero.  Until that leak is plugged, I am just not comfortable taking a serious position in BP's common stock.

A better way, if one were so inclined to bet on BP, would be to hop on board a debt offering (an expected $8 billion in bonds) that BP noted they wish to issue in the near future to help cover their liability in the Gulf.  If these bonds are priced with an 8 or 9% coupon, they would be more attractive than the stock since the bondholders are first in line in the event the company does go under, while the common stock shareholders are last and likely to get nothing!

Another idea to play the value side of the gulf oil catastrophe, is to look at Transocean (RIG).  These guys are indemnified through their contract with BP, leaving BP to handle the liability from this mess.  And yet, RIG has taken an absolute pounding!  Deepwater drilling isn't going anywhere (even if there is ultimately a moratorium in the Gulf), and RIG's fleet of drillships is one of the most advanced in the world.  I think their stock has been killed unjustly, and am actively seeking to start building a position on any weakness (preferably at and below $50 a share).


To note, I am not very positive on the market and have continued to pare back positions.  Half of my position in ASPS was stopped out this morning.  My short on ISRG has been performing well, and this afternoon I initiated another (smaller) short in Cliffs Natural Resources (CLF) with a stop just above $59, as the stock appears to be rolling over at downtrending resistance.  I also bought a small lot of SDS - the S&P500 double inverse ETF - with a stop around $32.75, since I feel it is fairly likely that the S&P can fall to test 1050 within the next few weeks. 

I'm playing close to the vest, because even though I believe that the market will ultimately be heading lower, I am mindful that we have had three down days in a row and that the end of quarter is coming up next week, which typically results in some aggregate buying of the market.  If indeed we do see this happening, I will no doubt be stopped out of some shorts and look to reload if the market shows signs of struggling at resistance around 1150 on the S&P500.  In the meanwhile, I am ever so slightly net long while holding well over 50% cash.



    Long KMP, BAC, AAPL, PEP, SDS (a leveraged short ETF), ASPS, CPNO, T, ACE, C
    Short ISRG, CLF


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Edited by geokills (06/23/10 02:56 PM)


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OfflineHotnuts
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Re: Stock Update for June 23, 2010 - BP, RIG, CLF, SDS [Re: geokills]
    #12793633 - 06/23/10 09:54 PM (13 years, 7 months ago)

Don't buy BP here, man. This stock will form one hell of a base, that could last months. I've been watching the stock like a Hawk and it's not in the general vicinity of being bottomed out yet. Good one on the (sds). A 1087 breach with authority and U.S. stocks are going to get "hammered". Straight down. 1088.80, is the current futures price. Poor jobless claims and durables in the pre-market? Whacked.


Edited by Hotnuts (06/23/10 11:28 PM)


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Re: Stock Update for June 23, 2010 - BP, RIG, CLF, SDS [Re: Hotnuts]
    #12801501 - 06/25/10 08:44 AM (13 years, 7 months ago)

By the way. I wasn't trying to tell you what to do! There were some divergences to RSI on a daily scale, that had another dip written all over it. Just trying to save you from being "Whitney Tilsoned". :cool:


Edited by Hotnuts (06/25/10 08:54 AM)


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Re: Stock Update for June 23, 2010 - BP, RIG, CLF, SDS [Re: Hotnuts]
    #12801564 - 06/25/10 09:12 AM (13 years, 7 months ago)

Quote:

Hotnuts said:
Just trying to save you from being "Whitney Tilsoned". :cool:




Don't you mean you are trying to protect him from being Whitn3y Tils0wned?


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