This entry was posted on Tuesday, July 1st, 2008 at 11:10 am and is filed under Uncategorized.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Nice SWN position you got there, mind if you take a look at Gold Sector? cause i’m like to get long in GG ? I’d believe it will hit 60 soon. Please Advice.
i’ve been long SWN for a while now. love it here, added some calls today.
I’ve also stuck with SLB after the failed breakout from a week or two ago, after you mentioned it here. Looks like it is ready to barrel through $110. there is a good amount of supply at $110, but it seems to only be psychological.
even steel is breaking down now. SLX breakdown. I’ve bought enough for the day, but I’ll have to remind myself to check out X and NUE on retests of their breakdown.
Jake, if FSLR goes down with the rest of solar, which I think it will, there’s a major rising wedge with support above 250. If it gets to 250, it should plummet.
I’ve made some money betting against FSLR in the past. I’ll probably rotate some of my SOL put profits and bet against FSLR when it breaksdown…
Plus they use “unobtainium” to make their solar modules, so they’re probably going to have a lot of financial troubles. They’re price to cashflow is garbage, the stock goes high because of growth and projected growth, but I don’t see how the growth continues with rising tellarium prices, increased competition, and global slowdown.
I’ve owned SLW (the stock) forever, E8. Since before it was bought out by Wheaton. I bought some more calls on Friday, when the stock was around $14.60 (on the move up).
I am contemplating doubling that position if it comes back to fill this gap at around $14.80.
Hi,
Nice SWN position you got there, mind if you take a look at Gold Sector? cause i’m like to get long in GG ? I’d believe it will hit 60 soon. Please Advice.
Thanks
July 1st, 2008 at 11:20 amRC,
July 1st, 2008 at 11:23 amBQI might go crazy soon. just look at the volume for last few days. Thanks,
Kevin,
I’m long AEM in that space.
July 1st, 2008 at 11:23 amback above 60
July 1st, 2008 at 11:24 ami’ve been long SWN for a while now. love it here, added some calls today.
I’ve also stuck with SLB after the failed breakout from a week or two ago, after you mentioned it here. Looks like it is ready to barrel through $110. there is a good amount of supply at $110, but it seems to only be psychological.
July 1st, 2008 at 11:25 amplease tell me you guys are catching this move.
July 1st, 2008 at 11:27 amnew highs
July 1st, 2008 at 11:27 amDoes TTES ever go down?
Meanwhile, WFR eating dirt.
July 1st, 2008 at 11:40 ami got in SWN after seeing that chart. also got into SLW as a double bottom play and weak dollar play
July 1st, 2008 at 11:43 amGoodbye WFR
July 1st, 2008 at 11:46 amgreat call on WFR and FLY’s DGP 2 x long gold etf doing great! Many Thanks
July 1st, 2008 at 11:58 amlol solar is absolutely getting crushed… or should I be say…. “burned”
July 1st, 2008 at 12:09 pm(lame joke… I know, couldn’t resist)
RC,
What about ICO? You bought some yesterday i believe and its now down today. What do you do from here?
July 1st, 2008 at 12:15 pmRC, i sold my TTES today. hopefully there’s some profit-taking soon, and i can get back in a few $$ lower.
July 1st, 2008 at 12:51 pmLong SLW, SLV, GG, RGLD, GLD.
May get more SLW today. It can move when it wants to.
___
Will my FSLR short finally stay below $266? frickin’ Agita City.
_
July 1st, 2008 at 1:02 pmJake, You were waiting on the gap at 14 which didn’t happen, so where did you buy SLW?
July 1st, 2008 at 1:11 pmeven steel is breaking down now. SLX breakdown. I’ve bought enough for the day, but I’ll have to remind myself to check out X and NUE on retests of their breakdown.
Jake, if FSLR goes down with the rest of solar, which I think it will, there’s a major rising wedge with support above 250. If it gets to 250, it should plummet.
July 1st, 2008 at 1:43 pmI’ve made some money betting against FSLR in the past. I’ll probably rotate some of my SOL put profits and bet against FSLR when it breaksdown…
Plus they use “unobtainium” to make their solar modules, so they’re probably going to have a lot of financial troubles. They’re price to cashflow is garbage, the stock goes high because of growth and projected growth, but I don’t see how the growth continues with rising tellarium prices, increased competition, and global slowdown.
i think FSLR is going to trade like ISRG now.
July 1st, 2008 at 2:01 pmI’ve owned SLW (the stock) forever, E8. Since before it was bought out by Wheaton. I bought some more calls on Friday, when the stock was around $14.60 (on the move up).
I am contemplating doubling that position if it comes back to fill this gap at around $14.80.
__
July 1st, 2008 at 2:58 pm