13th_floor 724 posts msg #62144 - Ignore 13th_floor |
5/5/2008 11:00:03 AM
5/2/2008 11:27:13 AM
bot DSCO at 1.48 after a huge open gapdown to nearly a 2 yr low at 1.29.
Reaction to news seems way overblown.
These overblown news ones often give at least 10%+ quickly
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Just hit hod at 1.98!
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rtucker 318 posts msg #62146 - Ignore rtucker |
5/5/2008 11:12:22 AM
Bought DCR (short bet on oil) at 3.26
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rtucker 318 posts msg #62147 - Ignore rtucker |
5/5/2008 11:17:15 AM
out at 3.20
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ctrout 122 posts msg #62148 - Ignore ctrout |
5/5/2008 11:30:05 AM
rtucker:
I heard that DCR is going to be liquidated in June or July. It think the basis behind it was for oil to stay in a trading range and under $120. Don't know much more than that.
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ctrout 122 posts msg #62150 - Ignore ctrout |
5/5/2008 11:40:17 AM
JP:
You too. I think i'm going to buy some GE from the long term account. Was tempted to sell MSFT premarket (should Have) but I want to keep long term.
Which for me is as long a 1 year
JP, if you see any beaten down quality companies that might be good long term holds, please point them out. Thanks in advance. (even if they are under the 100 day).
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rtucker 318 posts msg #62151 - Ignore rtucker modified |
5/5/2008 11:41:08 AM
Thanks for that info. I just read an article and its complicated. On the simple side, it seems that DCR and UCR are matched pairs . DCR's nav is 40-UCR . UCR seems to closely track USO, the price of oil. Small changes either way in UCR are gonna end up as big changes in DCR. If UCR hits 40 then I guess DCR = 0. Think I'll stay with DUG. Thanks again.
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johnpaulca 12,036 posts msg #62153 - Ignore johnpaulca |
5/5/2008 11:59:57 AM
Trout:
I have my eyes on LDK.

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ctrout 122 posts msg #62160 - Ignore ctrout |
5/5/2008 1:06:49 PM
JP:
Thanks and please post if you see others. LDK reports earning on 5-12
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ctrout 122 posts msg #62170 - Ignore ctrout |
5/5/2008 3:35:50 PM
Sold BAS plus 4%
Sold WDC even
Sold FFIV minus 1%
Going long ME and CLB
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ham1198 174 posts msg #62188 - Ignore ham1198 |
5/5/2008 9:12:14 PM
.....tecua buy limit @ 30.00. betting it won't be down 13 days in a row.
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