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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (18110)	7/15/2009 5:05:46 PM
From: Crimson Ghost	1 Recommendation Respond to of 50126

Re: natural gas --every time the UNG RSI has fallen to 30 area, it has rallied back to the 50 area fairly quickly stockcharts.com With the RSI having again touched 30 we should rally back to the 50 area before too long IMHO.

To: SliderOnTheBlack who wrote (18110)	7/15/2009 8:06:32 PM
From: tdl4138	10 Recommendations Read Replies (1) \| Respond to of 50126

Well, it looks like CIT Financial has been given the kiss of death by the Obama administration. No more funding...no guarantees...nothing. Seems the quality of their existing loans no longer qualified for assistance. Hard to believe that a financial institution actually making loans in this environment wouldn't suffer unexpected losses. I guess the irony is that they continued to make loans to small and mid-size business that felt the brunt of the current economic slowdown. Why they didn't just accept their original 2.3B in TARP funding and stop making loans is beyond me. After all, that practice has worked for all the other banks and investment houses. To think they had the audacity to continue making loans and servicing their clients..... Why they weren't smart enough to establish some sort of creditor connection with GS is just as mind boggling. Bet the FED and FDIC would have arrived with checkbook in hand if the likes of GS or JPM was about to book a loss....heaven forbid....their bonus's would have to be adjusted. So now we'll hear about the fallout. Small and medium sized business can't make payroll....no funding for factoring invoices....some more "for rent" signs on commercial real estate. No big deal. The damage will be contained to Main Street.....Wall Street won't even notice. Just my thoughts

To: SliderOnTheBlack who wrote (18110)	7/23/2009 10:33:04 AM
From: SliderOnTheBlack	6 Recommendations Respond to of 50126

UNG hits $14... Taking a little bit off for a trade on inventory news, but holding my longterm LEAP put sales. And silver stocks are leading the pm rally. SLW finally waking up and leading the silver pack vs. small cap fav's HL & CDE. A sign the fundies are moving back in. I'll take it, but I'm not moved to break out the pom poms, or to get too giddy here. Broad market rallying on unsustainable and temporary inventory rebuilds, less bad becoming good, and Goldman's final call to churn OPM. Raising stops, banking a few gains, and staying nimble. When, not if... the mother of all shorts is building. But, I thought that at DOW 8410. Got whipsawed in and out trying to find a DOW top. Let's give Goldman's "everybody in" call a bit of room to run. Then LEAP calls on 2 X short ETF's? SOTB