Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (84860)	1/7/2009 11:16:38 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

It makes very excellent sense, I did re-short the bonds again moments ago... I'm already short stocks from yesterday afternoon... and very long all commodities, including some gold as part of my broad commodity basket...<g> GZ

To: Real Man who wrote (84860)	1/7/2009 11:28:38 AM
From: Fiscally Conservative	1 Recommendation Read Replies (2) \| Respond to of 94695

There is no fundamental reason not to expect the S&P to back test 750's-740'd by mid March. The crevats created there should be a solid opportunity moving forward.

To: Real Man who wrote (84860)	1/8/2009 7:28:27 AM
From: clutterer	Respond to of 94695

hezbollah opens up a second front firing missiles into israel...DOE to resume SPR purchases in wake of oil price slump Nick Snow Washington Editor WASHINGTON, DC, Jan. 7 -- The US Department of Energy plans to take advantage of the recent crude oil price decline and resume filling the Strategic Petroleum Reserve, it reported Jan. 2. DOE said it issued a solicitation to buy about 12 million bbl of crude to replenish supplies that were sold following Hurricanes Katrina and Rita in 2005. Congress overwhelmingly passed a law ordering DOE to suspend SPR purchases in May after prices broke the $100/bbl barrier. The ban expired Dec. 31. The energy department also said it plans to seek repayments from refiners for emergency oil it released from the SPR following Hurricanes Gustav and Ike in 2008, to deliver deferred royalty-in-kind oil, and to solicit new RIK deliveries this spring. The actions are required under the 2005 Energy Policy Act, it said. Planned acquisitions during 2009 will bring the SPR back to its 727 million bbl storage capacity and provide the US with about 70 days of net import protection.