Will they make it a hat trick or will UVXY shoot lower and the market go though the roof? We shall see soon enough.
IWM will top at 92.40 tomorrow and reverse by 12 pm.
FAS reverse split last year and then took off. TZA will do the same.
Don't forget. Cinderella's coach (sham market) will turn into a rotten pumpkin tomorrow at the stroke of 12.
No, they will dilute and take a few shares for themselves. Good times in Tulsa. Spoils for a job well done.
Watch for a mildly bullish opening/morning and then a reversal by 12. Overall, UVXY is acting well for the POS it is.
I watch IWM. It will top at or near 92.40, then reverse by 12.
The UVXY bus leaves at 12 tomorrow. Don't be late you ferocious guppies.
IWM will top near or at 92.40 by 12 pm then reverse. Be sure to be out of your long positions before 12 or your coach will turn into a rotting pumpkin. Get out of your TNA positions by then. I think TZA is going to rip for a few days after.
BTW: Lusob, your calls are amazing. Hats off 2 u.
The magic charts say we should re-test the 33 cent low on or before April 11. If that 33 cent level holds, we go over 90 cents (pre-split) by the summer. The chartists on Wall Street know it and that is why they are R/S on that date. All up after the R/S.
Remember my call last June jbell??? Could hit 25 cents and that was when SYNM was at 85 cents.
PCM news will be enormous. Mid-April it will be here.
You are all typical retail investors. Euphoric and buying as much as possible at the top and irate and selling at the bottom. Buy high, sell low.
Start cost-averaging at these levels. Trust me.
A numbered check list in honor of Bumpy.
1. There is a tentative March finish of testing of PCM. Commercialization immenent.
2. Big Oil doesn't care about PCM vs. biofuels that they are holding down.
3. Huge margins with PCM vs.diesel/jet fuel.
4. PCM works with HDO vs final diesel product which means that abortion of a refinery doesn't have to work as hard and maybe 75MM gallons is possible in this "interim" product.
5. The president has spoken about energy efficient building envelopes since taking office in 2008.
6. How much of an energy efficiency tax credit will this give the poor homeowner that will push him to buy our marked up product vs. volatile RINS we deal with.
Now they sell GTL to Sasol lightening the fiscal load and scoring 5M in cash. How much is G1/patents worth to a potential suitor?
Fill my attic with DF blown celloulosic/PCM product!! Fill my trading account with $$.
From biofuelsdigest website.
Nothing from Tulsa.
In Rhode Island, SkyNRG has supplied used cooking oil-based renewable jet fuel to a group of small plane enthusiasts who modified a Cessna 182 that the pilots say gets up to 40% better fuel efficiency than a standard model. They flew the plane over the weekend with a partial blend of renewable jet fuel and standard jet fuel. The pilot, a local high school teacher, also drove a truck running on biodiesel cross-country in 2008.
POS one and all.
This sequester business will cause the next US downgrade. It's not the money Moody's, S&P is worried about, it's the DC gridlock. That was the from the last 2 downgrade threats. Now here it is in the flesh. The UK downgrade was the shot across the bough. This top looks exactly like the August 2011 top... The last US downgrade, S&P lost 200 points from a lower level. Where it ends up now is anyone's guess.
Keep buying UVXY into the weekend. What's gonna happen? You lose 50-75 cents by Monday on a huge rally that nobody is buying into? Risk-reward is finally here on this POS.
Send lawyers, guns and money...the #$%$ has hit the fan.
Looks and smells like somebody stepped in another Tulsa-based mudpie and they are cleaning off the treads.