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: GROUND ZERO™ who wrote (89341)	8/4/2009 8:34:53 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

I just bought puts on qqqq today. Suicide mission. I see we reached the spoos wall, and the q-s are overbot and hit big resistance. The "pain" for August is 38. Short term trade.

To: GROUND ZERO™ who wrote (89341)	8/5/2009 1:34:13 AM
From: ayn rand	Read Replies (1) \| Respond to of 94695

Speculation curbs could force ETFs to slow growth NEW YORK (MarketWatch) -- A possible U.S. regulatory clampdown on big energy speculators could also hit exchange-traded funds backed by commodities, making it harder for investors of all sizes to buy new shares and forcing fundamental changes to the way the funds do business. ........................ Since the two biggest energy ETFs are also big buyers of energy futures, new position limits could make it harder for United States Oil Fund (USO 38.22, +0.25, +0.66%) , United States Natural Gas Fund (UNG 13.80, +0.05, +0.36%) , and their competitors, to keep growing, analysts say ........................... If the CFTC sets strict rules, it "would tend to drive ordinary investors out of the market, leaving it totally dominated by oil companies and the like," said John Hyland, chief investment officer of U.S. Commodity Funds, who is scheduled to testify Wednesday. His firm has told securities regulators that its funds haven't driven up energy prices. "We believe that the actual evidence will show that, at least in the case of our funds, publicly listed commodity funds have not had the negative impact on the commodity markets that some may claim," Hyland said in an email interview. So far, those worries haven't translated into any noticeable changes to the price of USO and UNG. Since the CFTC announced on July 7 that it will hold hearings on curbing speculation, shares of USO has increased more than 1%, tracking the New York Mercantile Exchange front-month oil contract. UNG stopped issuing new shares in early June as it waits for regulatory approval from securities regulators. Its shares have fallen more than 4% in contrast to a 3% rise in the futures contracts. That gap may result from fluctuations in the futures market known as contango and uncertainty about the ETF's future. Setting position limits in commodities could also restrict commodities funds such as the $2.6 billion PowerSharesDB Commodity Index Tracking Fund (DBC 23.73, +0.03, +0.12%) , the $1.5 billion iShares GSCI Commodity Indexed Trust (GSG 31.21, -0.05, -0.16%) and the $10.7 billion PIMCO CommodityRealReturn Strategy Fund Aug 4, 2009 marketwatch.com why doesn't The Commodity Futures Trading Commission just simplify things and just set the prices to wherever they like them to be?