While I love it oil, gas is selling off as a wave of deflation hits the world. Don't be long here as production worldwide sinks, production ramps to grab the last few dollars, summer showed no demand and the mighty USD prevents US coal sales competitively. This could go to 2.80. ACI could go bust.
Switzerland slumped, EU ready to stimulate, defaults in China, Japan flat GDP, Russia unable to sell bonds, China declining imports, USD at 7 month high restricting our ability to export.
I don't see the market happening. Worldwide rout coming ... I am short banks and Russell. Shorting NASDAQ today.
You bet, but who knows ... Coal becomes valuable only if Gas becomes valuable. Who saw nat gas going from 4.80 to 3.72? ... that was one of my deflationary inputs. ... I play UGAZ which can make you sick when you have 50+K in a -10% day only to go up 18% days later? ...
Watch Europe and Japan ... also the return of the regular traders to NYC next week. I expect a POP that may not be followed through. Spending is absolutely down ... the nation is hurting. That may change but the market has a high risk factor.
Europe, Euro, Japan, China output ... not us per se.
I wouldn't do WLT Feathers ... watch for gas to go over 4.25 in concert with an eye on ANR. If any of them have hope ANR does but now with a potential deflationary theme my thesis for coal is in review. All bets are off sans clarity. I am short the market in SRTY and FAZ and in cash. Nothing I want out there now. Europe could implode as could Japan any day.
I was wrong and it reduced my net gain ( by 5.5% ) on JCP to only 111% for 6 months. Poor me. Will the next wave up from 9.30.
To my pals on this board, be careful. As you may know I took a short position on the market two weeks ago. I also added precious metals, maybe 10% and 5% ... as of last night I have 4X down my triple shorts. Now in cash and 40% in SRTY and FAZ.
Europe, the Euro, the USD and high evaluations are my concern. I hold no stock as of today. Good luck to all.
Be aware that the issues impacting us are now possibly worldwide. This is no longer in our hands.
The Wall Street Journal just published a piece that supports your claim. Sprint does have terrible coverage, slow speeds, dropped calls at a rate MUCH higher than VZ and T. Really, the service sucks.
I am an investor and a larger one as of today. I don't invest based on what it is, I invest on what it can become. I have faith in Son as an excellent businessman and leader.
It certainly wasn't one of my better moments. Bought 1/16 options as this is slow drying paint. i do feel it is overdone but the market rules.