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Old 05-17-2012, 09:47 AM   #7501
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Is it me or is all this Europe scare reminiscent May 2010 ?

Speculation Mode on:

I'm thinking that the US Fed may be get involved in pushing money under the table to potentially troubled EU members via buying their bonds.
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Old 05-17-2012, 10:04 AM   #7502
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Is it me or is all this Europe scare reminiscent May 2010 ?

Speculation Mode on:

I'm thinking that the US Fed may be get involved in pushing money under the table to potentially troubled EU members via buying their bonds.
Markets will get a pump from the Fed, it's election year. Jjust a matter of when they'll do it, summer months? Or Aug/Sept/Oct?
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Old 05-17-2012, 10:23 AM   #7503
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Markets will get a pump from the Fed, it's election year. Jjust a matter of when they'll do it, summer months? Or Aug/Sept/Oct?
Hippie Hat on:

To me that's a bad idea. We need all the bad debt liquidated from 2008 and have the FED stop pumping money into the system and make an artificial inflation of security prices. The market should resolve itself and dictate the prices instead.

Investor Hat On:

QE3 would be perfect during the Fall. It'll counter the sell offs that will be made by fund managers (hey, they gotta show that they made money at the end of the year, right?)
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Old 05-17-2012, 10:37 AM   #7504
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Yup CLL lol.. Eric Nuttal Was on BNN last night bashing it hard, pretty much serves the company right, letting go of the CEO is the worst mistake they could have made, now it's WFC/K2's fixed income play-toy.

URRE also taking a pounding, down to .65 territory, glad I pulled the pin on that one. Ate a 4000$ loss.

NZ.. well.. down again, but what oil stock isn't? I do think that like Mr. Lowside67 has stated, there is a huge potential upside to this stock. Consider that in many parts of the world small and intermediate oil and gas companies are re-working previously producing known oilfields, some of which are in areas of geo-political concern.. and making great money. NZ operates in a largely unexplored area, although this means there is risk of finding no oil, which to date does not seem to be an issue, they also are getting a crack at virgin reserves which should yield much higher production than these previously explored fields. High netbacks being tied to Brent crude, low operating costs, just a good old fashioned conventional oil play with the potential for some very profitable offshore work as well, and in an area that is as geo-politically secure as it gets. As much as I hate to see it down 25% since I bought, it really doesn't bother me as I am comfortable holding.

AA, not doing so great either, down something like 14% from when I bought it. Getting fucked by Europe and by one of their factories being down, the local rail company workers union is pissed so train traffic is fucked, they can't ship out, nor can they receive any ore... shit's bunk.

YNG, 52 week low! YAY lol. Just a waiting game, sounds like some analysts are starting to predict a bull run on the yellow stuff again..

Mehhh, will be keeping a clost eye on FAZ, that's for sure... for some reason my trading account is fucked and Scotia says it won't be fixed until monday, so I can't buy anything till next week.

Not excited for FB IPO, I think that buying FB over Apple or Google is retarted.. my how things change fast, just over a month ago peple were talking about the potential 1 year target for Apple getting up to the 1000$ territory...
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Old 05-17-2012, 11:12 AM   #7505
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Commodities way down thanks to Europe and panic selling is widespread. It does feel like a replay of May 2010.

Gold is up 2.4% I have been hoping investors will be buying gold as rumors/news spread about liquidity being pumped into the market. Hoping for a rebound on YNG

In on FAZ today again at $27. Will see if there is another final hour run up again.
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Old 05-17-2012, 11:36 AM   #7506
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FAZ, TZA, SPXU, UVXY, oh and don't forget my favorite - TVIX. Take your pick.
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Old 05-17-2012, 11:58 AM   #7507
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FAZ, TZA, SPXU, UVXY, oh and don't forget my favorite - TVIX. Take your pick.
Nice. These are great for bear markets, especially when there is high volatility and emotion selling ... like right now!
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Old 05-17-2012, 12:09 PM   #7508
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Commodities way down thanks to Europe and panic selling is widespread. It does feel like a replay of May 2010.

Gold is up 2.4% I have been hoping investors will be buying gold as rumors/news spread about liquidity being pumped into the market. Hoping for a rebound on YNG

In on FAZ today again at $27. Will see if there is another final hour run up again.
yeah WTF...I bought gold stocks earlier this year, thinking more economic bad news would make investors flee to gold as safe haven. My gold stocks are down 20% for the year already
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Old 05-17-2012, 12:16 PM   #7509
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Old 05-17-2012, 12:18 PM   #7510
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yeah WTF...I bought gold stocks earlier this year, thinking more economic bad news would make investors flee to gold as safe haven. My gold stocks are down 20% for the year already
Well, not saying that "you" think this way, but some people think gold is a hedge against economic troubles.

In reality gold is a hedge against the USD, more so than a hedge against a general economic downturn.

Got my trading account working again

Edit: TIME TO LOSE SOME MORE MONEY!!!!
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Old 05-17-2012, 12:36 PM   #7511
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Damn, if I held on the AAPL 565 puts that I sold yesterday, I would have made an extra 30%. Fuck. However, AAPL already hit 545 yesterday which was my exit price. Stupid non emotional trade. LOLz. Where's my greediness when I needed it ? hahahaha.
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Old 05-17-2012, 12:41 PM   #7512
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Commodities way down thanks to Europe and panic selling is widespread. It does feel like a replay of May 2010.

Gold is up 2.4% I have been hoping investors will be buying gold as rumors/news spread about liquidity being pumped into the market. Hoping for a rebound on YNG

In on FAZ today again at $27. Will see if there is another final hour run up again.
The difference is, in May 2010, they alleviated the Greece problem by giving bailouts. I don't know if bailouts will help this time. Unless they null the elections in France and all of southern European citizens accepts austerity wholeheartedly, damn, I can't even predict what will happen next. My RS Investestor Brethens, what do you guys think ?
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Old 05-17-2012, 12:53 PM   #7513
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I believe in 2012...with Greece like this...Obama is going to help save Europe by introducing the Bernanke Plan. Some analysts would compare this to the old Marshall plan after WWII. The Bernanke Plan would provide stability in the Euro Zone. Lol

C'mon QE3!!!!!
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Old 05-17-2012, 01:38 PM   #7514
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Should be wild tomorrow, options expiration. They'll probably peg things green since everybody's been bearish
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Old 05-17-2012, 01:39 PM   #7515
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Ivanhoe mining dropped 0.40 to around 8.56 now lol.
mongolian govt's tightening policy and unstable environment are some of the leading causes.
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Old 05-17-2012, 02:56 PM   #7516
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Facebook prices its IPO at $38 per share:

Facebook Prices IPO At $38 Per Share, Valued At $104 Billion - Forbes

Trading starts on the Nasdaq tomorrow, under the ticker symbol "FB."
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Old 05-17-2012, 05:22 PM   #7517
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Facebook prices its IPO at $38 per share:

Facebook Prices IPO At $38 Per Share, Valued At $104 Billion - Forbes

Trading starts on the Nasdaq tomorrow, under the ticker symbol "FB."

Who is buying?

I'm in for shits and giggles
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Old 05-17-2012, 10:00 PM   #7518
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Finally had a good day. YNG up 10% and FAZ up 6%
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Old 05-18-2012, 05:33 AM   #7519
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May 17, 2012
Yukon-Nevada Gold Corp. Announces Completion of Equity Financing for a Total of $15.9 Million

Yukon-Nevada Gold Corp. - News Releases - Yukon-Nevada Gold Corp. Announces Completion of Equity Financing for a Total of $15.9 Million - Fri May 18, 2012...

Spoiler!


Well... I'm not a fan of dillution, but at least they are taking the steps needed to get the mill making money... time will tell. Would be pretty nice if these assholes can get back to 300koz/year lol...

Supposed to be green today according to the futures.. don't believe the hype lol I bet we close down before the long weekend.

EDIT: A video to make you feel better about holding YNG lol.
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Old 05-18-2012, 08:25 AM   #7520
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Who is buying?

I'm in for shits and giggles
I will be waiting to short it... just as I did with GRPN.
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Old 05-18-2012, 08:44 AM   #7521
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TVIX is winning hard for me, thank you Carl Johnson!!!!!

On the subject of my private placement investent with shiftplanning.com, good news from them today, as of June 5th a major local clothing company will be using shiftplanning for all of their 100+ retail locations. It would probably be in bad taste to say the name, but let's just say they make special pants, pants that make fat girls look like they have tight asses.
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Old 05-18-2012, 08:56 AM   #7522
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FAZ at days high, JNK at days low. FB what a joke.
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Old 05-18-2012, 09:07 AM   #7523
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LOL CNBC REAL-TIME Wealth Tracker for Zuckerberg, Moskovitz and Parker

CNBC Mobile Home
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Old 05-18-2012, 09:31 AM   #7524
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TVIX 52 wk range 5.84 - 109 holy shit!

In for shorting fb when fad passes
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Old 05-18-2012, 10:04 AM   #7525
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TVIX 52 wk range 5.84 - 109 holy shit!
FAZ 5 year chart is insane, peaked at 10093$ lol.

Yes TVIX 52 week range was the main reason to buy for me, it's not like the Eurozone is any better off than it was last summer/fall.. so I'm expecting a decent return on this Let's hope so cause I have 60k tied up in it lol...
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