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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: ItsAllCyclical who wrote (108896)	12/10/2014 3:13:10 PM
From: 2MAR$	Read Replies (2) \| Respond to of 217984

That UVXY +25% trade off 18 from monday alert, they got one good kite back up yesterday on short covering (all playable) but you could see today music was running low & musical chairs just gave way, an orderly collective lightening up . <bg EMES holding in there ok thru this swoon, am noting, it was a short all am with oil dump....SPY held 203 but this is only the beginnning .

To: ItsAllCyclical who wrote (108896)	12/10/2014 7:28:09 PM
From: Amark$p	1 Recommendation Recommended By chris714 Respond to of 217984

When is your longer term prediction for when Oil Price starts to rise for multi-month period. Am hoping this long term uptrend will begin in 2H2015. /uploads/7638/files/MSCrudeOilReport12-5-14.pdf My thoughts are Saudis will be able to get sufficient enforcement measures to ensure that OPEC quotas are not violated by other OPEC members after 7 more months of pain (i.e. oil prices below $70). With any luck, Saudis may be able to get quotas followed by certain other non-OPEC members feeling the pain, like Russia. Right now, and in the future, Saudis in no mood to unilaterally cut oil production. Either quotas strictly enforced (with penalties) and verifiable or I doubt Saudis will participate, and free market oil pricing shall reign. Saudis in no hurry right now, OPEC and non-OPEC producers need to feel much more pain to get in the mood for verifiable, enforced quotas. But any rational producer/country would rather fetch > $80 for their oil and deliver 95% of current production than fetch only $60 for 100% of their current production. After all, current production is 92 Million BOPD versus current demand on 91 Million BOPD. That's a surplus of only 1 Million BOPD (about 1% production cut). Eventually, even OPEC past quota violators will figure out the math... Doing the math... $80 * 95% (= $76) versus $60 * 100% (= $60) 26.7% more revenue if and when they do the math... In the meantime, if Venezuela, Nigeria and/or other major producer slips into political overthrow/chaos from these low oil prices, then that lost production alone will cause a 1 Million BOPD fall in oil supply. So which comes first, the chaos or the math...

To: ItsAllCyclical who wrote (108896)	12/12/2014 3:46:59 PM
From: 2MAR$	Read Replies (1) \| Respond to of 217984

UVXY tagging 30 earlier and again right here finishing up the day which was a +40% trade for this week. Attempts to prop the SPY again met with another late day dump-a-thon, looks like we're going to see an even 200 though saw this 201.85 area support trying to hold. And had EMES short yesterday too, should have held on but then again there was a long bounce trade here too. I would think some buy/dip trades should we see a own open monday? ( this BLUE biotech squeeze was very fun trade too) UVXY was the bigger money trade, biggest , boom, could see this coming, a little help from our Congressional footdraggers.