Tuesday, June 16, 2009

Then There Came Action


Keep the UNG longs, Keep the UNG/USO spread long and Keep TLT long. Take some profits and let the rest run. I believe there is quite a potential in UNG and UNG/USO spread, but we did get the huge runs in last 3 days and you know, I like taking profits.

25 comments:

xerxes said...

Good Morning Dear Boris....

The relic is up 10 bucks from its overnight lows...Not much of a smackdown yet....

boris said...

Good Morning Dear Xerxes
Relc will be RELIC

Good Trading

Wanderer said...

Dear Boris,
Good morning.
Good trading.

Bert

xerxes said...

So Dear Boris...When do we get our emini110 :-)

boris said...

Dear Xerxes,
It is coming in next 15 minutes

GOod Trading Dear Friend Xerxes

boris said...

Dear Bert,
Very good monring my Dear Friend
Good Tradiang

xerxes said...

Dear Boris...Looking at the emini, I must say that you have been spending too much time at the bursa in Ramat Gan :-)

boris said...

Dear Xerxes,
I had to do that, so that I can remember how it was, cause it will never be the same again.

ISRAEL you know, was decalred a
FREAKIN
DEVELOPED COUNTRY by MSCI!

WOW! Developed Country, what does that make KOREA , which did not get to be qualified as such.

Just forget these all this BS

Trade the markets Dear Xerxes

xerxes said...

I didn't know that msci did that dear boris...is the shmeck now considered a hard currency :-)

boris said...

Dear Xerxes,
That depends who is in the room
Deaer Xerxes

xerxes said...

Hilarious Dear Boris :-)

As it seems that WTIC is poised to drop a couple bucks, or more,I would think that equities and EURUSD may not do so great the rest of the day..
Choppy day all day today...

boris said...

Dear Xerxes,
I think , you think in correct direction, but care must be exercised, if this reasonable assumption does not come true

Good Trading Dear Xerxes

xerxes said...

Equities getting slammed, oil up over 2% and EURUSD up nearly 100 pips Dear Boris...Even the relic is up a couple bucks...So what's up with shares being treated like a stepchild here...

xerxes said...

I was a bit quick, or impatient, perhaps, Dear Boris....Antidollar starting to get kicked to the curb now....

boris said...

Yes, Dear Xerxes,
Sometimes you jump ahead.
But we forgive you(:-

Good Trading.

I will go for a walk 15-30minutes

GOod Trading

xerxes said...

Do you have a keleph Dear Boris?

boris said...

Dear Xerxes,
That is a personal question the KELEB does not want to answer(:-

Good Trading

boris said...

Market keeps falling where we said it , most likely, would

GOod Trading Dear Readers

xerxes said...

Dear Boris....Look what Obummer has done to us....This applies to me as well...I have 2 jobs now (1) EURUSD trader (2) barbaric relic trader :-)

"What really struck us in the employment report of a few weeks ago was the fact that the only segment of the population that is gaining jobs is the 55+ age category. This group gained 224,000 net new jobs in May while the rest of the population lost 661,000. In fact, over the last year, those folks 55 and up garnered 630,000 jobs whereas the other age categories collectively lost over six million positions."

"Moreover, the number of 55 year olds and up who have two jobs or more has risen 1.1% in the last year, the only age cohort to have managed to gain any multiple jobs at all. Remarkable. These folks have seen their wealth get destroyed by two bubble-busts less than seven years apart — the Nasdaq nest egg back in 2001 and the 5,000 square foot McMansion in 2007. Both bubbles ended in tears ... and so close together."

http://www.investorsinsight.com/blogs/john_mauldins_outside_the_box/archive/2009/06/15/fear-for-a-lost-decade.aspx

John said...

Xerxes,

Thank you for the post. I read it.
One thing that should be brought out, those 55 and over still have a work ethic unlike the present thug population.

old john

xerxes said...

Dear John...Exactly!

boris said...

Dear John,Xerxes
Thanks for your posts/info
Interesting to say the least.

I should check, perhaps I got the OTHER jobs I do not know yet?
GOod Trading Dear Friends

John said...

Worked two jobs, one full time and one part time from 1982 until 1995 to buy a house.

boris said...

Dear John,
I was no stranger to that Dear John,
I used to have 4 Contract Jobs on Wall Street And Tech Street simultaneously. During 1993-1996.
I payed more In Taxes than people made in salary(:- ,

But that is mostly gone, AHA(:- Good Life, Kids do not like it when it ends(:-

GOod Trading Dear Friend John

boris said...

And Down She went, Very close to the destination we gave her.

Dear DOWN JONES has done it again.
Listening to us(:-

GOod Trading Dear Readers