WSJ article this weekend about interest rates - Rate Talk Heats Up Within The Fed - pg A2. Demonstrates the discussion/haggling going on regarding zero interest rates with some looking to begin the push UP others not......again my BIG PICTURE view says we are closer to the bottom than the top so I may endure some short term pain but then comes the longer term GAIN. Since it broke out of its trading range this week and US debt strengthened on Friday I will sit and see it continues to drop and won't fight the proverbial tape. But Ms Yellen speaks on Tuesday in her semi-annual testimony so clarification on rates will come then -- I doubt she will be overly pessimistic and WILL indicate that rates could rise quicker if the pace of economic growth continues to improve. We will also have to watch capacity utilization for cues to where we go BUT GOLD is telling us something here and it is more than a small bank in Portugal as GOLD has been rising before that. Enjoy my friends and never allow FEAR TO BE THE ONLY DRIVER OF YOUR MIND and know that Mr. Market ALWAYS has the upper hand and it will use FEAR to increase your probability of making mistakes.
*again - I am down both days now on my short play and it could get worse before it gets better......who knows. As usual - I take a 20-25% position to my target amount on risky plays and only add the next 20-25% as the situation warrants. So now I am at the 20% point. Boolean
the stock dropped .36% on lower volume.......the stock clearly held up well. I told you were are dealing now with consolidation and we will go higher. The market's overall weakness will be a drag but it is without question consolidating right here. Your mindless chatter does little to support any points you try to make. Earnings are coming July 30th 2014..........so let's see how it looks AND most importantly how buyers are back in the market fort their products.......some good announcements are expected before the release........that is what I expect. Grow up OK.......... Boolean
they are a trash talking meg-news group and when they go negative it is very BULLISH -- they are doing the same with so many companies and just as they were negative on Blackberry before and were WRONG they will try to rework their theme to try to look like they were on the right side -- way too funny. Boolean
nice empty sophomoric comments again - where do you kids get this stuff. No actually maybe they will get in the face of management now and take a seat on the board or push them in other ways -- this company and management is UNDERPERFORMING and they know it and you know it and I TOLD YOU. OK. Good. Boolean
DOWN on the two days I own it as noted and expected -- bonds are defying reality and common sense so that in and of itself is a monster bubble in development and one that has been growing for a long time. I suspect some manipulation in the process but that won't last. I will do as I did with the S&P and RUSSELL leveraged plays when they were bloody and dead and dying and just keep buying when it falls with full knowledge that we are closer to the bottom than the top and that the reversal and subsequent rise will be POWERFUL and extremely rewarding. I don't fear a drop when you know the huge UPSIDE that is coming.......just like this stock here..........much more to come barring some colossal market slam which as Mr Birinyi noted is not in the cards. Boolean
I suspect they agree with me and will put pressure on management to MANAGE. They see this company as under performing as I do. I own my own company and I tell you this if I were managing this company I would be deeply embarrassed by my dismal performance. AND I WOULD BUY SHARES ON THE OPEN MARKET especially after the rah rah report I gave to shareholders. Boolean - watching out for the little guy.
as I stated would happen......now we see a pattern emerging where historically we make another run higher........news is coming in positive and I will bet we see another really positive order or more that kicks its reversal into gear. This market today should have ripped the stock but it held strong.........tomorrow we should move higher with any kind of flat to up market or one that is only marginally down........Boolean
it should do much better in coming months -- oils are going great as well and gold is rising now - watch for 1420 level and then potential sharp rise - still love my earthstoneenergy/este thought it dropped a smidgeon today after a strong run --- went short treasuries for a bit late today.
rise -- only my small Earthstone energy was down a bit but has run up a lot and great news. Will hold all oil/gas plays here. Boolean
is not OFT WRONG........I hold firm that WE START GOING GREEN and I fully expect to see it GREEN TOMORROW. Sure it may have a try at bringing it down but that indicator says NO...........UP WE GO. I hold firm and confident in that call. Boolean
went short 3x leveraged at 48.80. So all of you folks who like to follow me and hope I am wrong for once .......... here you go -- this is a high risk play and levered at 3x so if I am wrong I will pay. And since it may drop some here.......who knows.......I plan to add to it just as I did to levered S&P back in 2009 when it was hitting the bottom. Rates are nuts.........out of whack.......not realistic and I will be right on this but again the timing is the issue BUT the call is right as you will see. And GOLD stocks are still rising as well so another good call and I will remain with that as GOLD will go to 2k an ounce.........this phase of the move can be where the really big money is made. Boolean
MAX OVERSOLD........OVERSOLD and should pop NOW. Buyers should come in right here and that is my call. Tomorrow the 10th we should see green and shorts will begin to push it higher. Boolean
again, as noted repeatedly - my shares were purchased at sub five dollar prices and most in the 2's...........sure I should just sell them off and stop my frustration with this poor management but I still feel there is hope and a buyout will come in at higher prices. Looking back the 16 price I always stated was right on and should just have dumped it right there..........I agree with u on that one. Boolean
If you want some other risk longs to play I will supply them to you with the request that you do your own DD as well. I do get frustrated here and feel strongly that management is no doing their fiduciary duty to shareholders but use the company as their own ATM. They need to step up AND BUY SHARES ON THE OPEN MARKET - I requested that of supreme industries/sts and they did that in a big way so now I will see if it pays off as the next quarters should have easy comparisons -- so if our management here feels the stock/company is so robust WHY ARE THEY NOT BUYING SHARES ON THE OPEN MARKET. Boolean
This stock is going much higher. GOT IT. Also watch GOLD that will go to 2k an ounce. Also look at shorting US Treasury -- yes they say rates will stay low for a long time BUT that is not true..........it is vastly skewed at this time so I am building my short in treasuries TODAY and orders are in. Our stock here is geared for huge success and once this deal is completed you will see what I mean. And finally, don't be so irrational and angry.....lighten up and enjoy and if I bug you that much just stay away from me - pretty easy therapy really. Boolean
we now see zinc up to highs not seen since 2011 and copper rising sharply on China growth and palladium up at/near new highs and positive news on GOLD and others commodities. Commodities will rise and gold will go to 2k an ounce and Cliffs will ride the new wave of world-wide growth. Look at my calls on so many stocks like earthstone/energy/este for one that I still love --- now going against the grain on interest rates while so many say rates will stay low for many years I am now buying the low (as I see it) in treasury shorts and going with leveraged etf's to do it. Don't follow the crowd unless you are a lemming and love to be forgo your right to THINK. Boolean
are at risk.........the world-wide growth engine is accelerating........yes slowly but it's pace will also quicken as we progress through the year into 2015. The fact that Cliffs is not out of the wood yet is clear but so is the fact that they are now much closer to recovery than to death and with the economy's pace of recovery quickening we will see companies like Cliffs flex their muscle and rise strongly. Boolean
the idiot is the only one making money here and the only one nailing the truth.........stop falling in love with stocks nicky and educate yourself and open your mind -- fixating on a single belief is no way to lead your life. Boolean